The Star·3 min read·medium
MACC detains ex-CEO, CFO over RM370mil plantation share deal tied to Tabung Haji RCI
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FARIK ZOLKEPLI
✦AI Summary
The Malaysian Anti-Corruption Commission (MACC) detained a former CEO and CFO regarding a RM370 million plantation share deal linked to the Tabung Haji Royal Commission of Inquiry. The suspects were released for health reasons but remain under investigation for abuse of power.
KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has detained a former chief executive officer (CEO) and a former chief financial officer (CFO) of a company owned by a statutory body over the alleged abuse of power involving the acquisition of shares in two plantation companies worth RM370mil.
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