MACC freezes RM3.4mil in company accounts over alleged RM20mil false documents probe


PUTRAJAYA: Company accounts with RM3.4mil in funds have been frozen in connection with the ongoing probe into submission of documents containing false particulars involving about RM20mil to a development financial institution.

Malaysian Anti-Corruption Commission (MACC) chief commissioner Datuk Seri Abd Halim Aman said the funds were frozen in the course of the investigation.

"Two company directors and a manager have been detained.

"We also recorded the statements of 10 people and will summon 23 more," he told reporters at the MACC headquarters on Thursday (July 9).

Abd Halim said initial investigations revealed that information on the purchase of padi and rice to obtain a loan from the development institution, was false.

"We will acquire additional information to complete the investigation before taking any further action," he added.

It was previously reported that graft busters detained three individuals, including two company directors, for allegedly submitting documents containing false particulars involving about RM20mil to a development financial institution.

Sources had said the suspects, who are linked to a company involved in the production and processing of padi and rice, are believed to have submitted the documents in connection with Trade Working Capital Financing-I facilities for the purchase of padi and rice.

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 MACC office in Alor Setar.

Initial investigations found that the three suspects, who are family members, had 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.

 

 

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MACC , Chief Commissioner , RM4.3mil , Frozen , Padi , Rice , Graft , Probe

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