Friday, October 30, 2020

Malaysia: Three directors detained in a pay-to-play scheme

-

The Malaysian Anti-Corruption Commission (MACC) detained three individuals suspected to have given out bribes to secure procurement of an advertising contract worth more than RM90 million from a government agency last year.

The three company directors are aged between 31 and 48 and were apprehended at the MACC headquarters yesterday evening.

“MACC has identified the officers from the government agency which were involved and would be making a series of arrests involving those who conspired with the three company directors,” said the MACC in a statement on the operations dubbed Ops Panorama.

According to sources, the company was alleged to have submitted false documents as well as furnished false information to secure the bid.

- Advertisement -

The company which was allegedly unqualified also failed the technical and financial assessments that followed.

“But because bribes had been given all the basic conditions were dismissed to enable them to get the contract,” the source claimed.

The investigation is conducted under Section 17(A) and 18 of the Malaysian Anti-Corruption Act 2019.

MACC deputy chief commissioner (operations) Datuk Seri Ahmad Khusairi Yahaya confirmed the arrests.

- Advertisement -

All three of them would be taken to the Putrajaya Magistrate’s Court today to be remanded.

MUST READ

Actress Lori Loughlin begins 2-month prison sentence for role in college admissions scam

Actress Lori Loughlin reported to a federal prison in Northern California on Friday to start a two-month sentence for her role in a massive...

FirstEnergy fires CEO, other executives over Ohio bribery scandal

FirstEnergy Corp. has fired its CEO amid multiple federal investigations related to an Ohio nuclear bailout law passed year. The Akron-based utility company announced in a...

Ukraine’s court strips critical power from anti-corruption agency

Ukraine's Constitutional Court has stripped the country’s anti-corruption agency of some of its critical powers. The high court’s ruling published on October 28 declared it...

Former South Korean President Lee Myung-bak sent back to prison for 17 years in corruption case

Former South Korean president Lee Myung-bak was ordered back to prison on Thursday (Oct 29) as the country's Supreme Court upheld a 17-year jail...

Nigerian court declines to issue international arrest warrant for fugitive ex-Petroleum Minister in corruption case

The Abuja Division of the Federal High Court, on Wednesday, refused an application by the Economic and Financial Crimes Commission, EFCC, for an arrest...

Subscribe For More

Get our daily notification on the latest financial crimes news around the World

Advertisement
Advertisement

Latest News

This Week

Former South Korean President Lee Myung-bak sent back to prison for 17 years in corruption case

Former South Korean president Lee Myung-bak was ordered back to prison on Thursday (Oct 29) as the country's Supreme Court upheld a 17-year jail...

South Korea’s former Vice Justice Minister sentenced to jail for bribery and sexual favors

Former Vice Justice Minister Kim Hak-eui, the figure at the center of one of Korea’s biggest political sex scandals, was placed under pretrial detention...

Taiwan’s UMC fined $60m for theft of trade secret to help Chinese chipmaker

Taiwan’s UMC has pleaded guilty to trade secret theft in the United States and will pay a $60 million fine in a case where...

Brother of ex-Pakistan PM Nawaz Sharif jailed for money laundering

Pakistan Muslim League-Nawaz (PML-N) chief and Opposition Leader in the National Assembly Shehbaz Sharif was sent to jail on Tuesday in a money laundering...
Advertisement

Adblock Detected!

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Enable Notifications    Ok No thanks