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Monday, May 13, 2019

Datuk CEO, CFO arrested for graft over RM17mil military project



PUTRAJAYA: A chief executive officer and the company's chief financial officer have been arrested for suspicion of receiving money over a project worth RM17mil to supply equipment for military vehicles.
The 45-year-old Datuk, and the CFO, a 53-year-old woman, were arrested at the Malaysian Anti-Corruption Commission (MACC) headquarters on Sunday (May 12) night when they were called to give their statements.
The MACC requested that they be remanded and magistrate Shah Wira Abdul Halim allowed the duo to be held for four days beginning Monday (May 13).
According to sources, the company CEO and the CFO were believed to have accepted bribes amounting to several hundred thousands of ringgit from several companies.

They were alleged to have received the inducement over the project to supply equipment for armoured carrier vehicles - the AV8 and Adnan - sometime between 2014 and 2017.

MACC deputy chief commissioner (operations) Datuk Seri Azam Baki confirmed the arrests.
He said investigators seized RM100,000 in cash and confiscated documents in relation to the project.- Star

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