Nation

Businessman pleads not guilty to offering RM8mil bribe for loan approval

KUALA LUMPUR: Businessman Datuk Ranjeet Singh Sidhu pleaded not guilty on Monday (Feb 23) at the Sessions Court here to a charge of offering an RM8mil bribe to the former president of a bank 14 years ago.

The 56-year-old is accused of providing a bribe to the former president and managing director of the bank through an intermediary, as an inducement to approve a RM400mil loan application by V Telecoms Bhd.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Sessions Court , Bribe , Businessman , Loan Approval , Former Bank President , False Particulars , Ranjeet Singh Sidhu

Next In Nation
No more Malaysians stranded in western Saudi, says consulate-general
Tourism Ministry looks to parts of Europe, Asia, Asean to ensure smooth VMY2026, says Tiong
Impact of West Asia conflict to be discussed at special Cabinet meeting, says DPM Fadillah
Sabah to oppose federal application to stay on 40% revenue rights, says state AG
Police detect 540 illegal routes nationwide, says IGP
Ministry monitoring students to prevent extremist infiltration in schools, says Fadhlina
Hishammuddin says he is ready to return to Umno if suspension lifted
Quit rent hike burdens Penang smallholders, says MCA
Don’t sacrifice Penang's natural environment for commercial interests, says MCA
Esscom cracks down on illegal resorts, businesses in Semporna

Trending in News

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.