KUALA LUMPUR: Businessman Datuk Ranjeet Singh Sidhu, who is a former managing director of a telecommunications firm, has been charged with corruption over a RM400mil loan to finance a fibre optic network project in Malaysia.
The 56-year-old is accused of providing a RM8mil bribe to the former president and managing director of a bank through an intermediary, as an inducement to approve the said loan application by V Telecoms Bhd 14 years ago.
