Latest news with #S.Karunanithy
Borneo Post
23-05-2025
- Borneo Post
Loan fraud: Two more ex-bank officers remanded
SANDAKAN (May 23): Two former bank officers have been remanded for seven days in the case involving RM11.3 million in loans using falsified documents. Magistrate Siti Aisyah Umar Baki granted the remand order until May 29 following an application by the Malaysian Anti-Corruption Commission (MACC) here today. The two are the latest to be detained in connection with the case. Yesterday, five men, including four bank officers, were remanded for seven days until May 28. All the suspects are believed to have conspired to solicit and receive RM300,000 in bribes from a company owner for approving 39 loan applications using forged documents. Sabah MACC director Datuk S. Karunanithy confirmed the arrests, adding that the case is being investigated under Section 16(a)(A) of the MACC Act 2009. – Bernama
The Star
23-05-2025
- The Star
Two more ex-bank officers remanded over RM11.3mil loan fraud probe
SANDAKAN: Two former bank officers have been remanded for seven days to in the case involving RM11.3mil in loans using falsified documents. Magistrate Siti Aisyah Umar Baki granted the remand order until May 29 following an application by the Malaysian Anti-Corruption Commission (MACC) here on Friday (May 23). The two are the latest to be detained in connection with the case. On Thursday (May 223), five men, including four bank officers, were remanded for seven days until May 28. All suspects are believed to have conspired to solicit and receive RM300,000 in bribes from a company owner for approving 39 loan applications using forged documents. Sabah MACC director Datuk S. Karunanithy confirmed the arrests, adding that the case is being investigated under Section 16(a)(A) of the MACC Act 2009. – Bernama
New Straits Times
21-05-2025
- New Straits Times
Ex-banker among five nabbed in RM11.2mil loan fraud probe
SANDAKAN: The Malaysian Anti-Corruption Commission (MACC) has detained five men for allegedly accepting bribes amounting to approximately RM300,000 from a company owner. One of the suspects is a former officer from a financial institution. The bribes were allegedly received as an inducement to approve financial loan applications using falsified supporting documents. MACC in a statement said the suspects, aged between their 20s and 40s, were arrested between 2pm and 7pm today at the MACC office in Sandakan. Preliminary investigations revealed that the suspects are believed to have been involved in corrupt activities between 2022 and 2024, involving the approval of loans worth a total of RM11.2 million to 39 applicants. Sabah MACC director Datuk S. Karunanithy said the case will be investigated under Section 16(a)(A) of the MACC Act 2009 for accepting bribes as an inducement to perform acts related to official duties. He said the arrests were the result of a joint effort between MACC Sabah and the Internal Audit Unit of a local financial institution. A remand application for all suspects will be filed at the Sandakan Sessions Court tomorrow to facilitate further investigations.
The Star
21-05-2025
- Business
- The Star
Former bank officer among five nabbed by MACC over graft involving RM11.3mil loan
SANDAKAN: Five men, including a former bank officer, have been arrested by the Malaysian Anti-Corruption Commission (MACC) in Sabah on suspicion of receiving bribes amounting to approximately RM300,000 as an incentive to approve financial loans totaling RM11.3mil, Sinar Harian reports. The Malay language daily reported that all the suspects, aged from their 20s to 40s, were arrested while giving statements at the MACC office in Sandakan between 2pm and 7pm Wednesday (May 21). They are believed to have received bribes from the owner of a company as a reward for approving financial loan applications accompanied by fraudulent supporting documents. Preliminary investigations revealed that all the suspects have been involved in this corrupt activity from 2022 to 2024, which involved approving loans totaling RM11.2mil to 39 applicants. Sabah MACC director Datuk S. Karunanithy, confirmed the arrest of the five suspects. 'The case is being investigated under Section 16(a)(A) of the MACC Act 2009 for receiving bribes as an inducement to perform an act related to official duties. 'This arrest is the result of cooperation between Sabah MACC and the Internal Audit Unit of a local financial institution,' he told Sinar Harian. Karunanithy further told the daily that a remand application for all the suspects will be made at the Sandakan Sessions Court on Thursday (May 22) to allow further investigation.
New Straits Times
02-05-2025
- New Straits Times
Govt officer accused of accepting RM40k in bribes from contractors granted bail
SANDAKAN: A government officer who allegedly received bribes related to the Rumah Mesra Sabah Maju Jaya project has been released on Malaysian Anti-Corruption Commission (MACC) bail. Sabah MACC chief Datuk S. Karunanithy said in a statement that the Community Development Officer (CDO) of a state constituency (DUN) in Sandakan was released on April 30 under several conditions. These include providing one local guarantor, paying RM20,000 bail with a RM5,000 deposit, and reporting to any MACC branch once a month. The officer had been remanded for seven days for allegedly receiving bribes amounting to approximately RM40,000 from several individuals and contractors in connection with the housing construction project. It was reported that the bribes, totalling around RM40,000, were received between 2022 and 2025 as inducements to award housing construction projects to specific individuals and contractors. The case is being investigated under Section 17(a) of the MACC Act 2009.
