Procurement News Notice |
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| PNN | 1251 |
| Work Detail | The Malaysian Anti-Corruption Commission (MACC) has detained a retired army general, the chairman of a Government-linked bank, over an embezzlement case involving RM15mil. MACC investigations director Datuk Azam Baki confirmed the arrest but declined to elaborate further. Bernama reported that the suspect's bank account, which amounts to RM1mil, has been frozen. Earlier, a source told The Star that the 65-year-old man presented himself at the Kuala Lumpur MACC office before he was brought to its Putrajaya office. It was reported that a second banker was being sought by the MACC over a multi-million ringgit book publishing contract and a project to upgrade the bank system. Last Thursday, the bank's 48-year-old managing director was also picked up with four others. The MACC also picked up a man in his 40s on Saturday over the case. This brings the number of arrests to six people. It is believed the RM15mil was awarded to a publishing company to come up with a coffee-table book about a prominent political figure. The deal was for the publisher to print about 20,000 copies but the number printed was said to have been much lower. |
| Country | Malaysia , South Eastern Asia |
| Industry | GRC |
| Entry Date | 02 Sep 2016 |
| Source | http://www.thestar.com.my/news/nation/2016/08/29/macc-arrests-retired-army-general-in-rm15mil-corruption-case/ |
