Former bank president nabbed in RM8mil bribery case

  • 📰 staronline
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 75%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

PUTRAJAYA: A former bank president and managing director has been arrested by the Malaysian Anti-Corruption Commission (MACC) for receiving bribes.

The 49-year-old man was detained by anti-graft officers along with three other individuals in Kuala Lumpur late Tuesday .

“This is a cunning act conducted with inside help, in which a bogus project was created with the purpose of securing a financial loan. The source added that the former bank president is alleged to have approved the loan without following procedures and due diligence after being bribed.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

named and shamed them

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in MY

Malaysia Latest News, Malaysia Headlines