MyCC slaps fines on seven companies for bid-rigging cartel


MyCC CEO Iskandar Ismail. — AZLINA ABDULLAH/The Star

PETALING JAYA: The Malaysia Competition Commission (MyCC) has fined seven companies a combined sum of RM446,092.95 for participating in a bid-rigging cartel involving tenders from the Defence Ministry (Mindef) between 2017 and 2020.

The tenders, totaling RM20mil, were awarded in four separate bids.

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MyCC , bid-rigging , cartel , penalty , Mindef

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