UiTM Holdings probe ongoing but complex, says MACC

The Malaysian Anti-Corruption Commission (MACC) is currently investigating RM157 million in losses suffered by UiTM Holdings Sdn Bhd over a four-year period, according to chief commissioner Abd Halim Aman. The probe, which involves complex technical matters, is still ongoing as MACC awaits further instructions from prosecutors. One of the key issues under investigation is a RM42 million payment linked to a 50MW solar project in Gambang, Pahang, which was allegedly used for purposes unrelated to the project and made without the approval of the university's board.

MACC is examining the case under Section 23 of the MACC Act 2009, which pertains to using one's position for gratification. The agency will also look into potential weaknesses in UiTM Holdings' management following Prime Minister Anwar Ibrahim's concerns.

Brief written by urgent.news from Free Malaysia Today's own syndicated text. Machine-written — may contain errors; check the original before relying on it.