MACC nabs five, including four company directors, over alleged misappropriation of RM104m investment funds

Misappropriation Of Rm104m Investment Funds News

MACC nabs five, including four company directors, over alleged misappropriation of RM104m investment funds
Malaysian Anti-Corruption Commission MACCArrestsMisappropriation
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PUTRAJAYA, Jan 15 — Four company directors were among five arrested by the Malaysian Anti-Corruption Commission (MACC), in connection with a suspected fraud case totalling RM104...

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According to a source, the individuals — four men and one woman between the ages of 50 and 60 — were detained around 7pm yesterday, after appearing for questioning at the MACC headquarters here. All five individuals are now in remand for seven days until January 21, after Magistrate Irza Zulaikha Rohanuddin approved MACC’s application at the Magistrates’ Court today.

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Malaysian Anti-Corruption Commission MACC Arrests Misappropriation

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