MACC investigates ex-director of Tanjung Offshore

PETALING JAYA: The Malaysian Anti-Corruption Commission (MACC) is investigating an ex-director of oil and gas (O&G) company Tanjung Offshore Bhd to assist into allegations of bribery in relation to a project.

According to a Bernama report, the investigations are believed to be linked to the purchase of Gas Generators (Malaysia) Sdn Bhd.

Sources said the individual, who is in his late 50s, had turned up at the MACC headquarters in Putrajaya yesterday afternoon and was detained for further questioning.

MACC would obtain a remand order today.

Three others who were linked to the project had also been called in for questioning but were later released, the sources added.

In January, it was reported that Tanjung Offshore was cooperating with the MACC in an ongoing inquiry.

The company had said then that it had received a request for more information from the MACC, and had fully complied.

Tanjung Offshore, which had called off a reverse takeover by Paris-based O&G giant Bourbon SA in December, has been in the news in recent times, following concerns raised by a group of minority shareholders on the direction of the company and its acquisition of assets locally and overseas.

The company has recently also saw several directorship changes.

Although hostilities have ended at the executive and board levels, the company still has to deal with a group of 23 minority shareholders who had alleged irregularities in the company’s Birmingham property deal in a police report.

Tanjung Offshore shares ended yesterday flat at 47 sen.