Two company directors remanded over false documents to secure RM7mil loan

  • Nation
  • Wednesday, 24 Jun 2020

PUTRAJAYA: Two company directors have been remanded by the Malaysian Anti-Corruption Commission (MACC) for allegedly collaborating with a government agency to submit false documents to a leasing company to get a RM7mil loan.

The two are aged 31 and 45 and were directors of a company which was awarded a contract for a project under the agency.

Magistrate Shah Wira Abdul Halim allowed the MACC's application for the two to be remanded for six days until June 29.

They were arrested on Tuesday (June 23) at around 11pm when they went to the MACC headquarters for their statements to be recorded.

According to sources, the investigation is still ongoing to track the owners of several other companies believed to be involved in the case.

They also said the two suspects had previously been arrested for the same offence and for alleged bribery.

On June 11, the two and another company director were remanded over a case where their company was believed to have presented false information to make the bid for a tender worth RM90mil from a government agency.

The company is said to not have the right qualifications to carry out the task and had failed a technical and financial evaluation.

However, sources said, the company was awarded the job, with the basic conditions for the tender having been set aside.

It is believed that a sum of RM5mil changed hands for the tender to be awarded to the company.

MACC deputy chief commissioner (operations) Datuk Seri Ahmad Khusairi Yahaya confirmed the arrests.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 18
Cxense type: free
User access status: 3

MACC , Remand , Company directors , Contract


Did you find this article insightful?


78% readers found this article insightful

Across the site