Company manager remanded over alleged RM200m tax reduction fraud
PUTRAJAYA: The Malaysian Anti-Corruption Commission (MACC) has remanded a company manager from a financial and corporate services agency for three days.
PUTRAJAYA: The Malaysian Anti-Corruption Commission (MACC) has detained a company manager in his 40s for three days following allegations of submitting false documents to obtain a tax reduction of approximately RM200 million. Magistrate Illya Syaheedah Mohd Razif issued the remand order, which remains in effect until October 3, after the MACC applied at the Putrajaya magistrate's court. The suspect was apprehended around 7pm the previous day when he arrived at the MACC headquarters to provide his statement.
Preliminary investigations have uncovered that the suspect is allegedly responsible for the fraudulent activity between 2018 and 2026. It is also believed that the suspect bribed an enforcement agency officer and manipulated around 480 company accounts using false documents to secure the tax reduction. Additionally, it is alleged that the individual amassed wealth through these activities.
Abd Halim Aman, the MACC Chief Commissioner, confirmed the arrest and stated that the case is being investigated under Section 16 of the MACC Act 2009.
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.
