Pestech Technology Sdn Bhd director G. Paismanathan is accused of giving bribes amounting to RM2.158 million to a MRT Corporation Sdn Bhd chief executive officer. – utar.edu.my pic, March 29, 2023.
G. Paismanathan is accused of giving bribes amounting to SGD655,766 to a MRT Corporation Sdn Bhd chief executive officer through an individual as a reward to ensure that Colas Rail System Engineering Sdn Bhd, which was taken over by Pestech Technology Sdn Bhd, continued the MRT Line Two project worth more than RM693 million.
If convicted, the accused can be imprisoned for a maximum of 20 years and fined not less than five times the value of the bribes or RM10,000 whichever is higher. He was charged with committing the offence between November 16 and December 27, 2017 at the Maybank branch in Taman Subang Perdana, Petaling under Section 4 of the Anti-Money Laundering, Anti-Terrorist Financing and Proceeds of Unlawful Activities Act 2001 which can be punished under Section 4 of the same act.