Malay Mail·2 min read·medium
MACC arrests former CEO, CFO over alleged abuse of power in RM370m plantation deal
M
Malay Mail
✦AI Summary
The Malaysian Anti-Corruption Commission (MACC) has arrested a former CEO and CFO of a statutory body-owned company over alleged power abuse in a RM370 million plantation deal. The arrests follow findings from a Royal Commission of Inquiry report regarding Tabung Haji.
KUALA LUMPUR, Aug 5 — The Malaysian Anti-Corruption Commission (MACC) has arrested the former chief executive officer (CEO) and former chief financial officer (CFO) of a company owned by a statutory body on suspicion of abusing their power in the acquisition of shares in two plantation companies worth RM370 million.
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