MACC finds governance weaknesses at UiTM Holdings after RM37.37m CBT probe

The Malaysian Anti-Corruption Commission (MACC) has identified governance weaknesses at UiTM Holdings Sdn Bhd during its investigation into the company, which was prompted by a RM37.37 million criminal breach of trust probe. MACC chief commissioner Datuk Seri Abd Halim Aman stated that while governance issues may not constitute an offence that can be charged in court, they are matters that can be improved and will be recommended by the commission.

The investigation, which began in 2023, is currently focused on former UiTM Holdings group chief executive officer Azlizan Fadzil, who has pleaded not guilty to the criminal breach of trust charge involving the misappropriation of RM37.37 million earmarked for a solar power project in Gambang, Pahang.

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