MACC detains trio in RM21mil corruption, money laundering probe
KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has detained three officers from two banking institutions in the city on suspicion of involvement in money laundering and corruption linked to loan applications totalling over RM21 million.
Sources said the business manager, department head and branch manager are believed to have jointly possessed, altered, transferred and used funds from bribes received from three companies last year.
"Preliminary investigations indicate that the department head had allegedly solicited and received over RM170,000 in bribes from the three companies, which had submitted a total of five loan applications amounting to more than RM21 million.
"The bribes were given in return for processing and approving the loan applications submitted," said a source.
MACC detained the three suspects between 4pm and 5pm yesterday at the commission's headquarters in Putrajaya, where they were having their statements recorded.
MACC also froze four individual bank accounts involving about RM268,000 and seized three telecommunication devices along with a laptop.
MACC Anti-Money Laundering Division director Norhaizam Muhammad confirmed the arrests, saying that the case was being investigated under Section 4(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.
The suspects will be brought to the Putrajaya magistrate's court this morning for a remand application.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Free Malaysia Today
34 minutes ago
- Free Malaysia Today
Muda's Amira summoned by cops over Azam Baki rally
In her speech, Muda's Amira Aisya Abdul Aziz had called for greater transparency from the government and not to weaponise the anti-graft agency. PETALING JAYA : Muda acting president Amira Aisya Abdul Aziz has been summoned to the Dang Wangi police station on June 18 over her involvement in last month's rally demanding the resignation of Malaysian Anti-Corruption Commission chief Azam Baki. According to Amira, she will record her statement under Section 504 of the Penal Code and Section 233 of the Communications and Multimedia Act following an order from the Papar district police in Sabah. 'I have been summoned and investigated in connection with many previous peaceful assemblies,' she said in an X posting today. 'I remain steadfast in the struggle to bring truth and justice. As long as I can, I will continue to move forward with this struggle.' On the night of May 25, some 60 protesters marched to Dataran Merdeka to protest Azam's third-term extension as MACC chief. The participants, who included representatives from NGOs such as rights group Suaram, electoral reform group Bersih and political parties like Muda and Parti Sosialis Malaysia (PSM), marched from the Sogo shopping complex just after 8pm. At the rally, Amira had called for greater transparency from the government and not to weaponise the anti-graft agency.
Sinar Daily
2 hours ago
- Sinar Daily
Mostly youths caught for drug abuse in Perak last year
He said the statistic is quite worrying as youths represented 51.5 per cent of the total number of drug addicts recorded in Perak. 10 Jun 2025 08:13pm The 15 to 39 years old age bracket is the group most caught up in drug abuse. - AFP file photo IPOH - A total of 7,488 out of 14,534 individuals who were ensnared in drug abuse throughout the past year in Perak were youths, said State Communication, Multimedia and NGOs Committee chairman Mohd Azlan Helmi Helmi. He said the statistic is quite worrying as youths represented 51.5 per cent (pct) of the total number of drug addicts recorded in Perak. Drug abuse not only hampers productivity but also has a long-term impact on the well-being of the population. - Photo courtesy of PDRM "The 15 to 39 years old age bracket is the group most caught up in this immoral activity. And amphetamine (ATS) was the drug of choice for 47.4 per cent of addicts compared to other substances such as marijuana, opiates and psychotropic drugs," he said. Mohd Azlan was speaking at the opening of the state Anti-Drug Day (HAD) commemoration programme at the Youth and Sports Complex (KBS) here today. He said drug abuse not only hampers productivity but also has a long-term impact on the well-being of the population. "Therefore, the prevention and awareness approach needs to start as early as possible and ideally it should begin at the family institution," he said. On the commemoration, he said more than 500 people participated in the programme at KBS to provide awareness and strengthen the commitment of all parties in fighting drug abuse. The programme featured beneficial activities such as an anti-drug slogan competition, a colouring contest, futsal tournament and an exhibition by government agencies. - BERNAMA More Like This
New Straits Times
3 hours ago
- New Straits Times
PKR's leave to appeal bid in Zuraida's bond payment case set for hearing on June 24
PUTRAJAYA: The Federal Court will hear on June 24 an application by Parti Keadilan Rakyat (PKR) to seek leave to appeal against a Court of Appeal's decision which reduced the bond payment to be made by the party's former vice-president, Datuk Zuraida Kamaruddin, in a breach of party bond case. PKR's lawyer, Navpreet Singh, when contacted, told Bernama that the hearing will proceed via online proceedings. "A final case management was held before the Federal Court deputy registrar Husna Dzulkifly today, he said, adding that all parties have updated the court pertaining to compliance with pre-hearing directives relating to their submissions. The case revolves around a civil suit filed by former PKR secretary-general Datuk Saifuddin Nasution Ismail, on behalf of the party, claiming that Zuraida, who was then the Ampang member of parliament, had breached the bond she had signed. The terms of the bond, among others, required Zuraida to pay PKR RM10 million within seven days of winning an election on the PKR ticket, should she resign from the party, join another political party, or become an independent representative. In June 2023, the High Court ruled in favour of the party and ordered Zuraida to pay the RM10 million, with the court finding the bond to be valid and enforceable. However, in December last year, the Court of Appeal agreed with the High Court that there was a breach of bond but reduced the bond amount to RM100,000, citing that the RM10 million is not a reasonable amount of compensation. This prompted PKR to file a leave to appeal. In her defence, Zuraida contended that she was forced to sign the bond with the party to be able to stand for election as a candidate in the 14th General Election (GE14) in 2018. The Federal Court will now decide whether PKR can proceed with its appeal against the Court of Appeal's decision. In civil cases, litigants must obtain leave before they can proceed with their appeals in the Federal Court.
