PETALING JAYA: Two senior officers with a statutory body were arrested today by the Malaysian Anti-Corruption Commission (MACC) on suspicion of misappropriating development funds from the finance ministry.
According to a source from the anti-graft agency, the duo, in their 50s, are believed to have transferred part of the ministry’s RM1.2 billion funds to contractors and negotiators for purposes that did not relate to the development’s cost.
“This misappropriation of funds is very serious seeing that it involves government allocations,” the source who did not wish to be named told FMT.
The suspects will be remanded for four days beginning today to facilitate investigations.
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He also said the case is being probed under Section 23 of the MACC Act for abuse of power.
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