Urgent.News

One page, thousands of outlets. See who else covered it.

Editions

World

Former investment bank CEO among three to face MACC charges involving over RM136m

KUALA LUMPUR, Aug 19 — Three individuals, including a former chief executive officer (CEO) of an investment bank,...

Former investment bank CEO among three to face MACC charges involving over RM136m

KUALA LUMPUR, Aug 19 — Three individuals, consisting of a former investment bank CEO, a Datuk company director, and a CFO of a private higher education institution, are set to face charges under the Malaysian Anti-Corruption Commission (MACC) Act in Kuala Lumpur and Seremban. The former CEO, who will be tried before Sessions Court Judge Azura Alwi, is said to be charged with over RM130 million in alleged corruption.

Meanwhile, the Datuk, a company director, faces MACC charges related to a previous investigation and has been previously charged with criminal breach of trust in court. Lastly, the CFO of the private higher education institution, whose case will be heard by Sessions Court Judge Kunasundary Marimuthu in Seremban, is expected to be charged with RM6.56 million in alleged corruption.

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

This story

This is one outlet's version. Read the fullest account.

Read the original at malaymail.com →

More in World

Europe failed the Ceuta test

PARIS — Soon after it became clear that more than 70,000 Moroccans were attempting to cross into the Spanish enclave of Ceuta — many by swimming across the narrow stretch of water separating it from Morocco — 22 European Union member states called on European Commission President Ursula von der Leyen to convene an emergency meeting of the…

More from Wednesday 19 August →