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MACC Seizes RM7.5 Million in Cash During KL House Raid, Linked to Corruption Case

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Source: Sinar Harian & BERNAMA

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The Malaysian Anti-Corruption Commission (MACC) has seized RM7.5 million in cash discovered at a house during a raid in the Klang Valley.

According to sources, the cash, mostly in RM50 notes was stored in several boxes and cupboards within the residence.

cash

The raid was conducted following investigations into a corruption case involving a data centre construction project worth approximately RM160 million in Johor.

“The money is believed to be bribes paid to the suspect in exchange for securing six procurement tenders related to the project.”

“Preliminary investigations revealed that the suspect had set a bribery rate of 2.5% for each tender awarded to the two involved companies,” the source said.

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Meanwhile, Deputy Chief Commissioner (Operations) of MACC, Datuk Seri Ahmad Khusairi Yahaya, confirmed the raid and the discovery of the cash.

He stated that the money has been seized and the case is being investigated under Sections 16(a)(A) and 17(A) of the MACC Act 2009, which pertain to corporate liability offences.

“Several individuals have also been remanded to assist in the investigation, and MACC is conducting further inquiries,” he added.

 

What do you think of this? Let us know in the comments.

 

Also read: M’sian Cashier Steals SGD57k from Workplace in S’pore to Spend on Online Gambling, Gets 17 Months in Jail

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Source: Sinar Harian
Source: BERNAMA

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



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