Two enterprises face possible penalties over alleged highway tender bid rigging cartel


KUALA LUMPUR: The Malaysia Competition Commission (MyCC) has issued a Proposed Decision against two enterprises for their alleged involvement in a bid-rigging cartel in the Central Spine Road (CSR) Construction Tender issued by the Public Works Department.

MyCC Chairman Tan Sri Idrus Harun stated that the enterprises were provisionally found to have infringed Section 4 of the Competition Act 2010 [Act 712] in relation to a procurement tender valued at RM285mil.

"Through investigations by MyCC, it was found that the enterprises agreed to engage in the coordinated information-sharing and collusion in the preparation and submission of their bids.

"MyCC finds that such agreement had the object of significantly preventing, restricting or distorting competition in relation to the public procurement relating to the CSR tender," he said in a statement on Wednesday (Jan 15).

He emphasised that at this stage, the proposed decision was provisional and should not be taken as a conclusive finding that the enterprises have infringed Act 712.

Idrus said the enterprises named in the Proposed Decision were notified of the proposed penalties and directions on Wednesday.

"They are given the opportunity to submit their written representations within 30 days upon receiving the Proposed Decision as well as present their oral representations before the Commission on a date to be determined later," he added.

According to Idris, MyCC would issue its Final Decision only after considering the representations made by the enterprises together with the evidence obtained during the investigation.

MyCC is an independent body under the Domestic Trade and Cost of Living Ministry responsible for enforcing the Competition Act 2010. – Bernama

 

 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MyCC , Bid Rigging , Penalty , Cartel , Central Spine Road

Next In Nation

Damansara Damai jewellery shop loses RM300,000 in robbery
(Video) Inside Malaysia's ayam gepuk craze
Melaka polls: 28 nomination centres open at 9am
Teen arrested in Arau for throwing rock at KTMB train
French President Macron to visit Malaysia on Nov 16-17
Live Updates: Nominations open for Melaka polls
No blanket pet ban in condos
Blacklisted actress makes rare appearance
Fire safety checks clear 28 poll centres
Submarine Museum a top attraction

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read