MACC in process of recovering overseas assets alleged purchased with RM8mil in bribe money


KUALA LUMPUR: Graft busters are in the midst of recovering overseas assets allegedly purchased using RM8mil in bribes received by a former president and group managing director of a bank.

Sources said the assets were acquired in Britain, Singapore and Australia after the bank’s former top executive allegedly received the bribe in return for approving a RM400mil loan in 2012.

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