KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) Putrajaya arrested two senior officers of a statutory body on suspicion of abusing power and misappropriating funds from the Finance Ministry for a development project worth RM1.2bil.
According to a source, the two suspects are believed to have misappropriated the funds from the government by transferring part of the funds received from the ministry to the contractors and consulting companies for purposes unrelated to the development cost, as stated in the government loan allocation application.
