Malaysia

6 bank officers held for allegedly soliciting, accepting bribes to approve RM18 mil personal loans

Suspects, aged 36 to 45, allow applicants unqualified for financing to receive amount

Updated 5 years ago · Published on 09 Jun 2021 7:08AM

6 bank officers held for allegedly soliciting, accepting bribes to approve RM18 mil personal loans
Six suspects, who are bank employees, are believed to have asked for and received kickbacks of between 15% and 35% of personal loans amounting to RM18 million. – Screen grab, June 9, 2021

SHAH ALAM – The Malaysian Anti-Corruption Commission (MACC) has detained six employees of a bank on suspicion of soliciting and accepting bribes involving 110 loans worth around RM18 million between 2018 and 2020.

The male suspects, aged 36 to 45, served at several branches of the bank around the Klang Valley and were arrested at 4.45pm yesterday at the Selangor MACC office near here.

According to a source, the suspects were believed to have asked for and received kickbacks of between 15% and 35% of the loan amounts.

“The bribes were in return for approving the loans for the applicants, who actually did not qualify for the loans,” said the source. 

Meanwhile, Selangor MACC director Datuk Alias Salim confirmed the arrests of the six individuals when contacted.

He said the suspects would be taken to the Shah Alam Magistrates’ Court to obtain a remand order. – Bernama, June 8, 2021

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