MACC arrests three bank officers over RM21 million loan fraud, graft
KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has arrested three bank officers from two financial institutions in the federal capital for alleged involvement in money laundering and corruption linked to loan applications exceeding RM21 million.
According to a source, the male suspects - a business manager, a department head, and a branch manager, aged between 30 and 40, were detained between 4 pm and 5 pm yesterday at the MACC headquarters in Putrajaya while giving their statements.
'Preliminary investigations suggest the trio were involved in acquiring, transferring, and using illicit funds received as bribes from three companies in 2024.
'One of them, a department head, is believed to have solicited and accepted over RM170,000 from the companies as a reward for processing and approving five loan applications totalling more than RM21 million,' the source said.
The MACC also froze four bank accounts belonging to the suspects, involving around RM268,000, and seized three mobile devices and a laptop.
All three have been remanded for five days starting today, following approval by Magistrate Mohd Dinie Shazwan Ab Shukor at the Putrajaya Sessions Court.
In a separate case, three individuals, including a former company executive director, were also remanded for five days beginning today over alleged conspiracy to use falsified documents in claims worth about RM2.5 million.
The suspects - a man and two women aged between 30 and 40, were arrested yesterday between 4 pm and 7 pm while giving their statements at the MACC headquarters.
'They are believed to have committed the offences between 2022 and 2024, involving reimbursement and bonus payment claims totalling approximately RM2.5 million,' the source added.
MACC Anti-Money Laundering Division director Norhaizam Muhammad confirmed the arrests in both cases, adding that investigations are being conducted under Section 4(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLATFPUAA), and Section 18 of the MACC Act 2009 for abetment.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Sun
an hour ago
- The Sun
Govt bears almost half a million Ringgit in cost for Tun Mahathir's trip to Nikkei Conference
MELAKA: The government bears almost half a million ringgit in cost for former Prime Minister Tun Dr Mahathir Mohamad's trip to Japan to attend the annual Nikkei conference last month, said Prime Minister Datuk Seri Anwar Ibrahim. Anwar said the government allocated approximately RM486,000 for the visit after receiving a formal application from Tun Dr Mahathir. 'There are existing provisions for former prime ministers to apply (for government support for official travel)...and if the sitting prime minister approves, the government will bear the cost, including for Tun Mahathir, who recently requested to attend the Nikkei conference in Japan. He applied, and I approved. I believe the delegation was around seven people. 'I have people asking me why pay for him. He is entitled to apply, but the decision rests with the sitting prime I decided to approve that RM486,000 for him to go to Japan. 'I just don't want anyone to misunderstand...I just don't want to take a negative attitude. Despite his daily criticisms of the government, we still approved his (travel) application,' Anwar told reporters here today. On May 30, Tun Dr Mahathir was reported to have attended and delivered a speech at the annual Nikkei Future of Asia conference, a platform he has regularly attended over the years. On separate development, Anwar said he is giving time to two Cabinet ministers who recently submitted resignation letters, encouraging them to reconsider their decisions. The Prime Minister said he received the letters from the two ministers applying for leave and resignation, but he had only approved the leave for now. '...Let them think about it. Personally, I would prefer that they rejoin the Cabinet,' he said. The ministers in question - Economy Minister Rafizi Ramli and Minister of Natural Resources and Environmental Sustainability Nik Nazmi Nik Ahmad - reportedly submitted their resignations following defeats in recent party elections. The Prime Minister was met after attending an organisational empowerment seminar and a closed-door meeting with PKR leaders here today. Also present were two PKR vice-presidents - Datuk Seri Amirudin Shari and Datuk Seri R. Ramanan -, secretary-general Senator Fuziah Salleh, Wanita chief Fadhlina Sidek, Youth chief Muhammad Kamil Abdul Munim and Hang Tuah Jaya division chief Datuk Seri Shamsul Iskandar Mohd Akin. During the seminar, Anwar called on PKR members to heal internal rifts and put aside dissatisfaction following the party polls last month. He also stressed the need for unity and maturity for the party's greater mission. 'Imagine this - I can work with UMNO, even hugging it out. Surely we can move past our internal disagreements too. Let's move on for the bigger agenda,' he added.
The Sun
an hour ago
- The Sun
Govt bears cost for Tun Mahathir's trip to Nikkei Conference
MELAKA: The government bears almost half a million ringgit in cost for former Prime Minister Tun Dr Mahathir Mohamad's trip to Japan to attend the annual Nikkei conference last month, said Prime Minister Datuk Seri Anwar Ibrahim. Anwar said the government allocated approximately RM486,000 for the visit after receiving a formal application from Tun Dr Mahathir. 'There are existing provisions for former prime ministers to apply (for government support for official travel)...and if the sitting prime minister approves, the government will bear the cost, including for Tun Mahathir, who recently requested to attend the Nikkei conference in Japan. He applied, and I approved. I believe the delegation was around seven people. 'I have people asking me why pay for him. He is entitled to apply, but the decision rests with the sitting prime I decided to approve that RM486,000 for him to go to Japan. 'I just don't want anyone to misunderstand...I just don't want to take a negative attitude. Despite his daily criticisms of the government, we still approved his (travel) application,' Anwar told reporters here today. On May 30, Tun Dr Mahathir was reported to have attended and delivered a speech at the annual Nikkei Future of Asia conference, a platform he has regularly attended over the years. On separate development, Anwar said he is giving time to two Cabinet ministers who recently submitted resignation letters, encouraging them to reconsider their decisions. The Prime Minister said he received the letters from the two ministers applying for leave and resignation, but he had only approved the leave for now. '...Let them think about it. Personally, I would prefer that they rejoin the Cabinet,' he said. The ministers in question - Economy Minister Rafizi Ramli and Minister of Natural Resources and Environmental Sustainability Nik Nazmi Nik Ahmad - reportedly submitted their resignations following defeats in recent party elections. The Prime Minister was met after attending an organisational empowerment seminar and a closed-door meeting with PKR leaders here today. Also present were two PKR vice-presidents - Datuk Seri Amirudin Shari and Datuk Seri R. Ramanan -, secretary-general Senator Fuziah Salleh, Wanita chief Fadhlina Sidek, Youth chief Muhammad Kamil Abdul Munim and Hang Tuah Jaya division chief Datuk Seri Shamsul Iskandar Mohd Akin. During the seminar, Anwar called on PKR members to heal internal rifts and put aside dissatisfaction following the party polls last month. He also stressed the need for unity and maturity for the party's greater mission. 'Imagine this - I can work with UMNO, even hugging it out. Surely we can move past our internal disagreements too. Let's move on for the bigger agenda,' he added.
New Straits Times
an hour ago
- New Straits Times
Anwar: Govt pays RM486k for Dr M's official visit to Japan
Slug: izhalf HL: Anwar: Govt bears RM486k for Dr M's official visit to Japan Bernama MELAKA: The government bore almost half a million ringgit in costs for former prime minister Tun Dr Mahathir Mohamad's trip to Japan to attend the annual Nikkei conference last month, said Prime Minister Datuk Seri Anwar Ibrahim. Anwar said the government had allocated approximately RM486,000 for the visit after receiving a formal application from Dr Mahathir. "There are existing provisions for former prime ministers to apply for government support for official travel, and if the sitting prime minister approves, the government will bear the cost, including for Tun Mahathir, who recently requested to attend the Nikkei conference in Japan. He applied, and I approved it. I believe the delegation comprised around seven people. "People ask me why we paid for him. He is entitled to apply, but the decision lies with the sitting prime minister. I decided to approve the RM486,000 for him to go to Japan. "I just don't want anyone to misunderstand. I don't want to take a negative attitude. Despite his daily criticisms of the government, we still approved his travel application," Anwar told reporters here today. On May 30, Dr Mahathir was reported to have attended and delivered a speech at the annual Nikkei Future of Asia conference, a platform he has attended regularly over the years. In a separate development, Anwar said he was giving time to two cabinet ministers who recently submitted resignation letters, encouraging them to reconsider their decisions. The prime minister said he had received letters from the two ministers applying for leave and resignation, but had only approved their leave for now. "Let them think about it. Personally, I would prefer that they rejoin the cabinet," he said. The ministers in question, Economy Minister Rafizi Ramli and Natural Resources and Environmental Sustainability Minister Nik Nazmi Nik Ahmad, reportedly submitted their resignations following defeats in recent party elections. Anwar was speaking after attending an organisational empowerment seminar and a closed-door meeting with PKR leaders here today. Also present were PKR vice-presidents Datuk Seri Amirudin Shari and Datuk Seri R. Ramanan, secretary-general Senator Fuziah Salleh, Wanita chief Fadhlina Sidek, Youth chief Muhammad Kamil Abdul Munim, and Hang Tuah Jaya division chief Datuk Seri Shamsul Iskandar Mohd Akin. During the seminar, Anwar urged PKR members to heal internal rifts and put aside dissatisfaction following the party polls last month. He also emphasised the need for unity and maturity for the party's greater mission. "Imagine this, I can work with Umno, even hugging it out. Surely, we can move past our internal disagreements too. Let's move on for the bigger agenda," he added.
