Malaysia

HRD Corp suspends 3 top executives

This concerned the management of the government-linked company’s (GLC) unutilised levies, the acquisition of Menara Ikhlas and HRD Corp’s equity investment management.

Updated 8 months ago · Published on 06 Feb 2026 12:58PM

HRD Corp suspends 3 top executives
HRD Corp will also deploy officers on the ground to strengthen monitoring and compliance - February 6, 2026

THE Human Resource Development Corporation (HRD Corp) has suspended three members of its top management as part of a governance reform push following findings by the Public Accounts Committee (PAC), the Auditor-General and the Malaysian Anti-Corruption Commission (MACC).

Its chief executive, Datuk Mohamed Shamir Abdul Aziz, said this concerned the management of the government-linked company’s (GLC) unutilised levies, the acquisition of Menara Ikhlas and HRD Corp’s equity investment management.

"The measures align with the Human Resources Minister’s call for higher integrity, transparency and accountability across workforce institutions.

“HRD Corp will implement an internal investigation process that is transparent and conducted with integrity, with a clear mandate, scope and terms of reference,” he said in a statement.

This will include the review of documents, financial records, approvals, meeting minutes and relevant audit trails, as well as the taking of statements and verification of facts from relevant officers, subject to the principles of natural justice and the confidentiality requirements of the investigation, Shamir added.

HRD Corp will also deploy officers on the ground to strengthen monitoring and compliance, aiming to reinforce accountability and good governance in line with Malaysia Madani principles. – February 6, 2026

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