MACC detains four more over alleged bribery in bank personal loan approvals Posted on January 19, 2025 By serv KUALA LUMPUR, Jan 18 — The Malaysian Anti-Corruption Commission (MACC) has detained four more individuals suspected of accepting bribes in return for assisting in processing and approving personal loan applications submitted by a financial consultancy firm. According to sources, the suspects, comprising two officers and two former officers of banking institutions aged in their 20s and 30s, were detained at 4 pm yesterday while providing their statements at the MACC headquarters. Magistrate Irza Zulaikha Rohanuddin issued a five-day remand order until Jan 22 for two men and two women, following MACC’s application at the Putrajaya Magistrate’s Court this morning. “MACC received several complaints and information regarding bribery activities involving banking institution officers who facilitated and approved personal loan applications through a financial consultancy company. “These banking officers are believed to have received bribes from the consultancy company, which prepared documents suspected of containing false information about clients applying for personal loans,” said the source. Meanwhile, the same court extended the remand for five men previously detained, allowing for an additional four days until Jan 21. MACC Chief Commissioner Tan Sri Azam Baki, when contacted, confirmed the arrest of the four suspects and said that the case was being investigated under Section 16(b)(A) of the MACC Act 2009. He added that seven other individuals, who had been remanded since Wednesday, have been released on MACC bail. — Bernama News
Former CEO Arul Kanda says he met Jho Low in Abu Dhabi four years prior to joining 1MDB Posted on January 16, 2025 KUALA LUMPUR, Jan 15 — Former chief executive officer of 1Malaysia Development Berhad (1MDB) Arul Kanda Kandasamy told the High Court here today that he met fugitive businessman Low Taek Jho, or Jho Low in Abu Dhabi, four years prior to his appointment. The first defendant was responding to a… Read More
Govt rules out amendments to protect whistleblowers who go public first Posted on February 5, 2025 KUALA LUMPUR, Feb 4 — The government has no plans to amend the Whistleblower Protection Act 2010 (Act 711) to protect individuals who make public disclosures before reporting to enforcement agencies, said Minister in the Prime Minister’s Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said. Whistleblowers who go… Read More
Two new laws against cyberbullying sails through Dewan Negara Posted on December 17, 2024 KUALA LUMPUR, Dec 16 — The Dewan Negara today passed the Penal Code (Amendment) (No. 2) Bill 2024 and the Criminal Procedure Code (Amendment) (No. 2) Bill 2024 to address all forms of bullying. Deputy Minister in the Prime Minister’s Department (Law and Institutional Reform) M. Kulasegaran stated that the… Read More