Petronas says Malaysian anti-graft probe found no wrongdoing by the firm

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KUALA LUMPUR - Malaysia's state oil firm Petronas said on Saturday (May 27) an anti-corruption probe into the firm's dealings involving a US$90 million project (S$121 million) had not found any wrongdoing by the company. Malaysia's Anti-Corruption Commission (MACC) said on Friday it was investigating allegations of corruption involving Petronas and an international oil and gas company in a project...

KUALA LUMPUR - Malaysia's state oil firm Petronas said on Saturday an anti-corruption probe into the firm's dealings involving a US$90 million project had not found any wrongdoing by the company.

Petronas said the investigation was opened in relation to its award of a contract to a Malaysian subsidiary of an international upstream company in 2021.

Source: News Formal (newsformal.com)

 

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