‘Datuk’ faces graft charges involving RM16mil

GEORGE TOWN: A Datuk is expected to be charged with corruption involving RM16mil at a Sessions Court in Butterworth.

It is believed that the man, a board of directors’ chairman for a real estate company, was arrested by the Malaysian Anti-Corruption Commission for allegedly accepting bribes and valuables estimated at more than RM16mil.

According to sources, he had allegedly accepted bribes from a director of a developer company in return for appointing the developer’s company for a joint venture project carried out on a cooperative-owned land for development purposes.

He is expected to face more than 160 charges under the Anti-Money Laundering and Anti-Terrorism Financing Act and the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act collectively in Penang and Kuala Lumpur.

He is also expected to be charged at a Kuala Lumpur Sessions Court on Thursday.

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