GCEO among three arrested for allegedly siphoning company funds

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Bernama News

South Africa South Africa Latest News,South Africa South Africa Headlines

KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) arrested three individuals, including a group chief executive officer (GCEO), for suspec...

The Malaysian Anti-Corruption Commission arrested three individuals, including a group chief executive officer , for suspected misappropriation of RM1.5 million in funds belonging to a publicly listed company.

“Preliminary investigations found that all the suspects were also believed to be involved in establishing a company that was not approved by the board of directors for the purpose of carrying out a collaborative project worth about RM258 million.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines