Malaysia

RCI TH: MACC arrests former CEO, CFO over RM370m plantation share deal

The individuals, aged 68 and 60, were arrested on suspicion of abusing their power in the process of purchasing shares in two plantation companies worth RM370 million.

Updated 2 months ago · Published on 05 Aug 2026 10:24AM

RCI TH: MACC arrests former CEO, CFO over RM370m plantation share deal
Both were arrested when they appeared to give statements at the MACC Headquarters at 6.30 pm yesterday. - August 5, 2026

THE Malaysian Anti-Corruption Commission (MACC) arrested a former Chief Executive Officer (CEO) and a former Chief Financial Officer (CFO) of a company owned by a statutory body following an investigation into the Royal Commission of Inquiry (RCI) Report on Tabung Haji.

The individuals, aged 68 and 60, were arrested on suspicion of abusing their power in the process of purchasing shares in two plantation companies worth RM370 million.

According to sources, both were arrested when they appeared to give statements at the MACC Headquarters at 6.30 pm yesterday.

However, the suspects were released last night due to health reasons and will appear again at the MACC this morning to continue recording their statements.

MACC Chief Commissioner, Datuk Seri Abd Halim Aman, when contacted, confirmed the arrest.

He added that the case is being investigated under Section 23 of the MACC Act 2009.

Two individuals were also arrested earlier in connection with a special investigation launched in connection with the RCI report on TH.

The two suspects, comprising a company director and a former plantation manager, were arrested upon their arrival at the MACC headquarters in Putrajaya to give statements. – August 5, 2026

Related News

Business / 3d

Maritime expert continues to seek updates on cargo report

Malaysia / 4d

MACC chief urges staff to confront weaknesses, learn from mistakes

Malaysia / 1w

Asset declaration: Why involve my 12-year-old son, asks Saravanan

Malaysia / 1w

MACC orders Saravanan, wife, and three children to declare assets

Malaysia / 2w

Abdul Azeez and children ordered to declare assets within a month

Malaysia / 2w

Najib’s house arrest does not end other legal battles, MACC probe to continue

Spotlight

Malaysia

Do not hide school safety issues to protect reputation - IGP

World

Flydubai pilot planned to crash plane into terminal at Ben Gurion Airport

Malaysia

Sabah Pan Borneo Highway: Only 4 of 35 packages complete after a decade

Malaysia

School caning was never abolished, Minster says

Malaysia

Sepang draws record crowd as Bahrain GP puts Malaysia back on F1 map

Malaysia

Irene Sofiya died from blunt-force head injuries, post-mortem confirms

Malaysia

No CCTV at spot where Irene was killed, says Minister

Malaysia

Irene’s only focus was her studies and her dream to become a doctor - aunt

You may be interested

Malaysia

No by-election for Petaling Jaya parliamentary seat – EC

Malaysia

MOH approves full relocation allowances for medical officers transferring to Sabah and Sarawak

Malaysia

Identity theft victim repeatedly linked to crimes as alleged impostor scams vehicle owners

Malaysia

Irene Sofiya died from blunt-force head injuries, post-mortem confirms

Malaysia

LCS 1 risks handover without full combat capability, readiness could slip to 2035

Malaysia

Loneliness, social media drive elderly pensions into hands of cyber scammers

Malaysia

Anwar: Democratic accountability must go beyond elections

Malaysia

Rejected love, pent-up emotions can push teenagers towards violence, says criminologist

By Alfian Z.M. Tahir