Latest news with #NorhaizamMuhammad
Malaysian Reserve
14-05-2025
- Business
- Malaysian Reserve
MACC arrests three bank officers over RM21m 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 4pm and 7pm 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. — BERNAMA
The Sun
14-05-2025
- Business
- The Sun
MACC nabs three bank officers over RM21mil loan fraud
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.
The Sun
14-05-2025
- Business
- The Sun
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.
The Star
14-05-2025
- The Star
Bank officers remanded five days in money laundering, bribery case
PETALING JAYA: The three bank officers caught for alleged money laundering and corruption have been remanded for five days. The three suspects were remanded at the Putrajaya Sessions Court on Wednesday (May 14). According to sources, the three were believed to have used, possessed and laundered funds from bribe payments received from three companies in 2024. "Based on early investigations, one of the three was a department head who had received bribes of over RM170,000 from three companies that had applied for five loans worth RM21mil. "The money was payment for processing and approving the loans," the source said. Four bank accounts, totalling RM268,000 have also been frozen. Several items including a laptop were also seized. Malaysian Anti-Corruption Commission (MACC) money laundering prevention division director Norhaizam Muhammad confirmed the remand. The case is being investigated under Section 41(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.
New Straits Times
14-05-2025
- New Straits Times
Trio, including ex-director, remanded over RM2.5mil false claims
KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has remanded three people, including a former executive director, who are suspected of conspiring to submit false documents in claims amounting to RM2.5 million. Putrajaya sessions court magistrate Mohd Dinie Shazwan Ab. Shukor granted a five-day remand order until May 18 this morning. The suspects, a man and two women, are aged between 30 and 40. Sources said the trio were detained between 4pm and 7pm yesterday while providing statements at the MACC headquarters in Putrajaya. "They are believed to have committed the offence between 2022 and 2024, involving reimbursement and bonus payment claims totalling around RM2.5 million," the source said. MACC Anti-Money Laundering Division director Norhaizam Muhammad when contacted, confirmed the arrests and said the case is being investigated under Section 18 of the MACC Act 2009.
