Malaysia

KL Tower probe: two senior directors under remand until Jan 10

Court issues order on ‘Datuk’ duo to assist with investigations on sale of shares, take-over 

Updated 3 years ago · Published on 07 Jan 2023 3:38PM

KL Tower probe: two senior directors under remand until Jan 10
The magistrates’ court have issued a remand order for two senior directors who have been detained yesterday by the Malaysian Anti-Corruption Commission to assist with the Kuala Lumpur Tower deal investigations. – SADIQ ASYRAF/The Vibes pic, January 7, 202

PUTRAJAYA – Two senior directors with “Datuk” titles have been remanded for four days from today to assist in the investigation into the sale of shares and the take-over of the concession of Syarikat Menara Kuala Lumpur (KL Tower).

The remand orders until January 10 were issued by magistrate Irza Zulaikha Rohanuddin at the magistrates’ court here today. 

Yesterday, Malaysian Anti-Corruption Commission (MACC) sources said two individuals, aged 49 and 59, including a managing director who acted as a middleman to handle kickbacks in the deal, were arrested at the MACC headquarters after giving their statements. 

The source said MACC was investigating the possibility that the company’s selection involved a request for bribes amounting to hundreds of thousands of ringgit and a luxury watch as a gift to the “superior'” to facilitate the take-over.

MACC chief commissioner Tan Sri Azam Baki, who confirmed the arrests when contacted, said the case was being investigated under Section 16 of the MACC Act 2009.

Prior to this, the MACC was reported to have investigated allegations over the suspicious sale of shares and the take-over of the KL Tower operations and maintenance concession from Menara Kuala Lumpur Sdn Bhd, a company wholly owned by Telekom Malaysia. – Bernama, January 7, 2023

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