{
  "id": 10634258,
  "title": "MACC: Ex-senior exec to be charged over RM42m UiTM Holdings loss",
  "url": "https://urgent.news/2026/09/29/macc-ex-senior-exec-to-be-charged-over-rm42m-uitm-holdings-loss",
  "topic": "world",
  "section": "World",
  "published": "2026-09-29T07:16:25.000Z",
  "source": {
    "name": "Malay Mail",
    "slug": "malay-mail",
    "url": "https://www.malaymail.com/news/malaysia/2026/09/29/macc-ex-senior-exec-to-be-charged-over-rm42m-uitm-holdings-loss/236991"
  },
  "original_language": "en",
  "account": "Malaysian Anti-Corruption Commission (MACC) announced plans to charge a former senior executive over losses incurred by UiTM Holdings Sdn Bhd, including allegations of abuse of power related to operational expense payments totalling approximately RM42 million. On September 29, the commission confirmed that the accused, a 50-year-old male, was arrested at his residence in the Klang Valley around 1 pm the previous day. The initial probe revealed that the suspect allegedly authorized operational expense payments to multiple companies in which he held a stake in 2017. The MACC's statement attributed the arrest to an investigation into UiTM Holdings' financial losses in 2023. Meanwhile, MACC's chief commissioner, Datuk Seri Abd Halim Aman, confirmed the arrest when reached and stated that the case would be investigated under Section 23 of the MACC Act 2009.",
  "summary": "KUALA LUMPUR, Sept 29 — A former senior executive of a corporation will be charged in court this Thursday in conne...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "The Vibes",
        "title": "Ex-senior officer to face charges over alleged RM42m UiTM Holdings payments",
        "url": "https://urgent.news/2026/09/29/ex-senior-officer-to-face-charges-over-alleged-rm42m-uitm-holdings",
        "published": "2026-09-29T05:22:00.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Ex-senior officer held over alleged RM42mil UiTM Holdings payments",
        "url": "https://urgent.news/2026/09/29/ex-senior-officer-held-over-alleged-rm42mil-uitm-holdings-payments",
        "published": "2026-09-29T05:26:57.000Z"
      },
      {
        "outlet": "Malay Mail",
        "title": "MACC: Ex-senior exec to be charged over RM42m UiTM Holdings loss",
        "url": "https://urgent.news/2026/09/29/macc-ex-senior-exec-to-be-charged-over-rm42m-uitm-holdings-loss-10643102",
        "published": "2026-09-29T07:16:25.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}