Internal probe reveals abuse of funds in PUNB | The Malaysian Insight

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Internal probe reveals abuse of funds in PUNB

The MACC is investigating multiple instances of abuse of power and financial mismanagement at PUNB. – The Malaysian Insight file pic, June 5, 2020.

A FORMER senior management and board member of Perbadanan Usahawan Nasional Berhad is suspected of abusing and misappropriating funds in the acquisition of several companies, involving contracts, loans and the sale of property valued at more than RM10 million ringgit. Sources told The Malaysian Insight the contracts include the purchase of 20,000 copies of a book on former prime minister Najib Razak worth RM400,000.

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