Malaysia

Female CEO, two others detained by MACC for taking RM24 mil in bribes

Trio allegedly received money for approving RM294 million loan application by local company, says source

Updated 1 year ago · Published on 19 Jul 2022 10:25AM

Female CEO, two others detained by MACC for taking RM24 mil in bribes
A source who spoke on the condition of anonymity says the trio, including a female CEO (centre) were detained at the MACC’s headquarters around 6pm yesterday, when they had arrived to provide their statements. – Bernama pic, July 19, 2022

KUALA LUMPUR – Three individuals including a female chief executive officer were detained by the Malaysian Anti-Corruption Commission (MACC) yesterday amid allegations that they had received RM24 million in bribes.

According to a source who spoke on the condition of anonymity, the trio were detained at the MACC’s headquarters around 6pm yesterday, when they had arrived to provide their statements.

Speaking to The Vibes’ Bahasa Malaysia sister portal Getaran, the source said the CEO of a bank subsidiary and two other suspects had allegedly received the bribe in return for approving a RM294 million loan application made by a local company.

“The remand application for the female suspect in her 50s and two others aged 53 and 58, respectively, has been made at the Putrajaya magistrates’ court,” the source said when contacted.

The female suspect, he said, is believed to have received the bribe while serving at the bank’s subsidiary around 2010.

“The 53-year-old male suspect is currently working as a financial consultant while his friend is unemployed,” the source said.

Meanwhile, the MACC’s Money Laundering and Forfeiture Division director, Mohamad Zamri Zainul Abidin, confirmed the arrest when contacted.

He said the case was being investigated under Section 16 (a) (A) of the MACC Act 2009. –  The Vibes, July 19, 2022

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