MACC probing RM300 mil loan by Sabah-owned bank to AirAsia

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Sabah Malaysian Anti-Corruption Commission confirms that investigations are underway to establish whether there are elements of graft. FMTNews MACC Sabah AirAsia

KOTA KINABALU: The Sabah branch of the Malaysian Anti-Corruption Commission has started a probe into a RM300 million loan from Sabah Development Bank Sdn Bhd to low-cost airline AirAsia.

The Sabah MACC confirmed to FMT that investigations were underway to establish whether there had been violations of the MACC Act 2009. However, its director S Karunanithy declined to elaborate on the case, saying “we cannot reveal much for now.”

 

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