Malaysia

KL Tower probe: MACC nabs two company directors

Individuals aged 49, 59 suspected of managing bribery, facilitating takeover, source says

Updated 1 year ago · Published on 07 Jan 2023 7:51AM

KL Tower probe: MACC nabs two company directors
A source from MACC has confirmed the arrest of two senior company directors believed to be the middleman who managed the bribery to facilitate the takeover of KL Tower, and a managing director of a company said to have taken over the shares. – Unsplash pic, January 7, 2023

KUALA LUMPUR – The Malaysian Anti-Corruption Commission (MACC) has detained two senior company directors with the title “Datuk” to assist in the investigation into the sale of shares and the takeover of the concession of Syarikat Menara Kuala Lumpur (KL Tower).

A source from MACC said the two individuals, aged 49 and 59, are believed to be the middleman who managed the bribery and a managing director of a company said to have taken over the shares of KL Tower, adding that both of them were arrested at the MACC headquarters after giving their statements.

“These two individuals will be brought to the Putrajaya magistrates’ court for a remand application.

“It is suspected that the selection of the company concerned involved a request for bribe money amounting to hundreds of thousands of ringgit and a luxury watch as a gift to the ‘superior’ to facilitate the takeover,” said the source.

MACC chief commissioner Tan Sri Azam Baki confirmed the arrest when contacted, adding that the case is being investigated under Section 16 of the MACC Act 2009.

Previously, the MACC was reported to have investigated allegations over the suspicious sale of shares and the takeover of the KL Tower maintenance concession from Menara Kuala Lumpur Sdn Bhd, a company wholly owned by Telekom Malaysia (TM).

Several witnesses, including senior TM officials as well as the companies involved, have had their statements taken to assist in the investigation. – Bernama, January 7, 2023

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