SANDAKAN: The Malaysian Anti-Corruption Commission (MACC) has arrested five men, including a former officer of a financial institution, suspected of receiving RM300,000 in bribes to facilitate fraudulent loan approvals.
The suspects, aged between their 20s and 40s, were detained between 2pm and 7pm today at the MACC office here.
Initial investigations revealed they had been involved in approving RM11.2 million in loans for 39 applicants between 2022 and 2024 using forged supporting documents.
window.googletag = window.googletag || {cmd: []};googletag.cmd.push(function() {googletag.defineSlot('/22826383987/dailyexpress_inline', [1, 1], 'gpt-passback').addService(googletag.pubads());googletag.enableServices();googletag.display('gpt-passback');});Sabah MACC Director Datuk S Karunanithy confirmed the arrests, saying the case is being investigated under Section 16(a)(A) of the MACC Act 2009 for accepting bribes concerning official duties.
He added that the operation was carried out in collaboration with an internal audit unit of a local financial institution, and remand applications will be made at the Sessions Court here tomorrow (Thursday).
