MACC: Two senior officers of statutory body remanded in probe over RM1.2b development fund misappropriation

Senior Officers Of Statutory Body News

MACC: Two senior officers of statutory body remanded in probe over RM1.2b development fund misappropriation
ProbeMisappropriationMalaysian Anti-Corruption Commission MACC
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KUALA LUMPUR, May 15 — The Malaysian Anti-Corruption Commission (MACC) Putrajaya arrested two senior officers of a statutory body on suspicion of abusing power and...

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Comms minister says Malaysia has no relations with Hamas’ military wing, slams Meta for removing news reports of PM Anwar’s meeting with Palestinian politiciansAccording to a source, the two suspects are believed to have misappropriated the funds from the government by transferring part of the funds received from MOF to the contractors and consulting companies for purposes unrelated to the development cost, as stated in the government loan allocation application.

According to a source, the two suspects are believed to have misappropriated the funds from the government by transferring part of the funds received from MOF to the contractors and consulting companies for purposes unrelated to the development cost, as stated in the government loan allocation application.“The misappropriation of this allocation is very serious as it involves allocation from the government,” he said when contacted today.

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