KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has detained three individuals, including two company directors, for allegedly submitting documents containing false particulars involving about RM20mil to a development financial institution.
Sources said the suspects, linked to a company involved in the rice production and processing, are believed to have submitted the documents over Trade Working Capital Financing-I facilities.
One of the suspects, a man in his 30s who works as an operations manager, has been remanded for five days until July 11.
The remand order was issued by Magistrate Eliana Ismail after an application by the MACC at the Alor Setar Civil Court on Tuesday (July 7).
He was detained at about 6pm on Monday (July 6) when he turned up to give his statement at the Alor Setar MACC office.
Initial investigations found that the three suspects, who are related, allegedly conspired to submit the false documents in 2025.
However, the two other male suspects, both in their 60s and company directors, were released on MACC bail after their statements were recorded.
Sources said the documents were allegedly submitted to secure financing from the development financial institution but no actual transaction involving the purchase of padi and rice took place.
When contacted, MACC senior director of investigations Datuk Mohd Hafaz Nazar confirmed the arrests and said the case is being investigated under Section 18 of the MACC Act 2009.
