Manager remanded over alleged RM200m tax reduction scheme involving 480 company accounts
A COMPANY manager has been remanded for three days over allegations of using falsified documents to manipulate about 480 company accounts in a scheme to obtain tax reductions totalling nearly RM200 million. The man, in his 40s, was ordered to be rema...
A Malaysian company manager has been detained for three days following allegations of orchestrating a tax reduction scheme that defrauded nearly RM200 million through the falsification of documents affecting around 480 company accounts. The man, aged in his 40s, was ordered to remain in custody until October 3 by Magistrate Illya Syaheedah Mohd Razif at the Putrajaya Magistrate’s Court.
The case was initiated by the Malaysian Anti-Corruption Commission (MACC) following an application from prosecutors. The suspect is accused of bribing an enforcement agency official, with the alleged scheme spanning from 2018 to 2026. He was apprehended at 7pm yesterday after providing a recorded statement at MACC headquarters in Putrajaya.
Initial investigations revealed that the manager submitted false documents to secure tax reductions, allegedly aiming to accumulate wealth. MACC chief commissioner Datuk Seri Abd Halim Aman confirmed the arrest and stated that the case falls under Section 16 of the MACC Act 2009.
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