CEO, three GLC senior execs nabbed by MACC

A chief executive officer of a government-linked company (GLC) was among four individuals arrested by the Malaysian Anti-Corruption Commission (MACC) over investigations into alleged abuse of power and position involving about RM2.2 million in funds. According to a MACC source, all the suspects aged between 49 and 58, were arrested at the Kedah MACC office here between 3.45 pm and 4.15 pm on 8 Sept after they turned up to give their statements. The source said from the initial investigations, the CEO and three other senior officers of the company were suspected of abusing their power and position by channelling the GLCs funds into two other companies in which the suspects had an interest. The offence was allegedly committed between 2016 and 2019. Kedah MACC director Shaharom Nizam Abd Manap confirmed the arrest of the four individuals under Section 23 of the MACC Act 2009. All four would be brought to court tomorrow for a remand order against them, he added.