Internal probe reveals abuse of funds in PUNB

The Malaysian Insight

The MACC is investigating multiple instances of abuse of power and financial mismanagement at PUNB. – The Malaysian Insight file pic, June 5, 2020.

A FORMER senior manager and board member of Perbadanan Usahawan Nasional Bhd (PUNB) is suspected of abusing and misappropriating funds in the acquisition of several companies, involving contracts, loans and the sale of property valued at more than RM10 million.

Sources told The Malaysian Insight the contracts include the purchase of 20,000 copies of a book on former prime minister Najib Razak worth RM400,000.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one (1) week free access!

Subscribe Now!

Sign up or sign in here to comment.


  • Hahaha Ali Rustam again. Shameless Yang Dipertua.

    Posted 2 months ago by Penganalisa L

  • Why must the anti corruption agency wait for instruction? Are they not suppose to be independent?

    Posted 2 months ago by Elyse Gim