MACC raids 7th firm linked to RM500 million Companies Commission of Malaysia scandal


Kalidevi Mogan Kumarappa

MACC has opened a probe into the Companies Commission of Malaysia over allegations of power abuse and contract leakages. – The Malaysian Insight file pic, January 18, 2019.

THE Malaysian Anti-Corruption Commission (MACC) today raided a company in Cyberjaya related to the RM500-million corruption scandal involving the Companies Commission of Malaysia (SSM), bringing to seven the number of companies it has searched since January 9.

A source told The Malaysian Insight that the company belonged to the son of a senior SSM officer who is under investigation over the scandal.

The Malaysian Insight understands that the man, in his 20’s, had made himself scarce since the first MACC raid, but was present at his office in Tamarind Square when the officers swooped in at 3.30pm.

The man is linked to another company raided by the anti-graft agency earlier this month, said the source, who was unable to confirm if the man would be detained.  

“The suspect is believed to have been involved in (the alleged graft) activities as his relative holds a position at SSM.

“Further investigations are ongoing, and there is a possibility the suspect will be called up in the near future,” said the source.

Earlier today, the MACC seized two boxes of documents from the Malaysian Communications and Multimedia Commission (MCMC) in Cyberjaya to assist in investigations over allegations of power abuse and contract leakages, including direct negotiations, which allegedly resulted in losses on the government’s part, and the public being lied to.

Apart from the SSM headquarters, MACC has also raided four other companies including an accounting firm in Bangsar South and a management consulting firm in Sunway Nexis believed to be linked to the case. – January 18, 2019.


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