KUALA LUMPUR — November 10, 2016: The Malaysian Anti-Corruption Commission (MACC) today arrested the managing director of a government-linked company (GLC) over suspicion of abuse of power and corruption.
The 56-year-old was arrested at his house in Seremban in the morning.
The suspect who has held the post since 2010 was believed to have terminated the services of 20 of his staff who had refused to conspire with him.
The man was suspected to have received money from several contractors as an inducement to allow them to continue with projects even though they had failed to complete the work within the stipulated time.
A source told Bernama that the agency seized RM30,000 cash, two Audi TT cars, a Toyota Hilux and a Harley Davidson motorcycle owned by the suspect.
In addition it froze several bank accounts belonging to the suspect, his wife and children involving RM2.5 million.
This is to enable the agency to conduct investigations under the MACC Act and Money Laundering Act.
The suspect who has three children also owns nine houses believed to have been bought cash. The properties are four in Negri Sembilan, 3 in Putrajaya, and one each here and in Cyberjaya, all valued at RM8 million.
The suspect is expected to be brought to court in Putrajaya tomorrow to obtain a remand order.
MACC Deputy Chief Commissioner (Operations) Datuk Azam Baki, in confirming the arrest, did not rule out the possibility of other senior officers being arrested.