(Reuters) - Shares of Dell Technologies rose 6% in premarket trading on Friday, after robust demand for its artificial intelligence-powered servers propelled the company to raise its full-year earnings and revenue forecasts.
SIBU: A male suspect linked to a subsidised diesel misappropriation syndicate has been freed on Malaysian Anti-Corruption Commission bail here on Friday after his four-day remand period ended on the same day, while his sister was freed on MACC bail on Tuesday.
The man, 40, and his sister, 39, had been remanded since Monday to facilitate investigations into a subsidised diesel misappropriation and bribery case, and were arrested during a raid on a diesel storage depot in Sungai Bidut here on Aug 25. The syndicate is believed to have been operating since 2012 and has raked in RM400mil in profit and has allegedly bribed enforcement officials to protect its operation.
The MACC seized RM3.7mil in cash, two barges and about 1.6 million litres of diesel during the raid, and an enforcement agency director and enforcement assistant were subsequently arrested and released on MACC bail. The case is being investigated under Section 16 and Section 18 of the MACC Act 2009, Section 471 of the Penal Code and the Control of Supplies Act 1961. - BernamaMalacca man did not steal to fund mum's dialysis, says MAIM
Misappropriation Suspect Bail MACC Subsidised Diesel Bribery
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