MACC identifies governance lapses in UiTM Holdings probe [WATCH]

PUTRAJAYA: The Malaysian Anti-Corruption Commission (MACC) has uncovered governance lapses during its investigation into UiTM Holdings Sdn Bhd, recommending improvements to the company's operations. Chief Commissioner Abd Halim Aman stated that governance weaknesses are typically identified during investigations and are not necessarily linked to court charges.

Speaking at the MACC's 59th anniversary celebration, Halim emphasized that the probe currently focuses on former UiTM Holdings chief executive officer Azlizan Fadzil, who pleaded not guilty to a criminal breach of trust charge involving RM37.37 million nine years ago. The MACC's investigation, launched in 2023, scrutinized alleged misappropriation of funds and governance issues, particularly surrounding a 50-megawatt solar project in Gambang, Pahang.

While specific details of the governance lapses were not disclosed, Halim assured that the commission will recommend measures to rectify any shortcomings identified. He also clarified that the probe will continue if new evidence emerges involving other individuals.