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Two directors of China-based construction firm remanded over alleged misappropriation of funds and bribery

2021-04-23T14:28:38-04:00April 23rd, 2021|
Two directors of China-based construction firm remanded over alleged misappropriation of funds and bribery

PUTRAJAYA (April 23): Two senior directors of a construction company based in China were remanded for two days starting today to assist investigations into alleged misappropriation of company funds and acts of bribery.

Putrajaya Court assistant registrar Nor Azilawati Abdullah issued the remand order after the Malaysian Anti-Corruption Commission (MACC) submitted an application to remand the two men including a Chinese national today.

According to a source in MACC, the managing director and senior finance director at the construction company, in their 40s and 50s, were detained at the MACC headquarters here at 12.30pm yesterday after they gave their statements.

They were being investigated under Section 16 (b) of the MACC Act, said the source.

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