Alam Maritim CEO remanded by MACC
Company says Azmi Ahmad's remand is to facilitate an investigation and does not constitute a finding of wrongdoing.
On May 2, 2006, Azmi Ahmad assumed the roles of group managing director and CEO at Alam Maritim Resources Bhd. The company, known for its offshore marine services, has a long-standing partnership with Tabung Haji, a sovereign wealth fund. In a recent development, MACC has remanded Azmi to assist in an investigation. However, the remand does not imply any wrongdoing. The company's board has taken steps to maintain operations and will announce further developments if necessary.
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