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Three corporate VIPs to face corruption charges in KL, Negri Sembilan tomorrow

KUALA LUMPUR: Three high-profile corporate sector personalities, including the chief executive officer of an investment bank, are expected to be charged separately with corruption in Kuala Lumpur and Negri Sembilan tomorrow.

Three corporate VIPs to face corruption charges in KL, Negri Sembilan tomorrow

Three prominent corporate executives in Malaysia are set to face corruption charges in Kuala Lumpur and Negri Sembilan tomorrow, according to reports. The chief executive officer of an investment bank is anticipated to be charged in the KL Sessions Court concerning a MACC probe involving approximately RM130 million in bribes. Additionally, a female company director, who is a Datuk and in her 50s, is also expected to be charged in the same court.

She has previously been linked to a MACC investigation into an investment scheme and was previously charged in court for criminal breach of trust. The third individual, the chief financial officer of a private higher education institution, is anticipated to face charges at the Seremban Sessions Court, involving bribery totaling RM6.56 million.

As of now, it is unclear if the three individuals are being investigated for their involvement in the same investment scheme. A senior MACC officer confirmed the upcoming charges but did not provide further details.

Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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