Utusan Malaysia reported that these men “bought” properties without down-payment from certain developers and signed Sales and Purchase (S&P) Agreements, to make the transactions look legitimate.

Quoting a source, the report said that once these projects were completed and the properties received the Certificate of Fitness (CF) from the local authorities, the developer would sell the properties to genuine buyers at a higher price, and the “profit” would be split between the developer and the rogue officers.

According to the report, the properties involved in this “scam” are usually condominiums and apartments in “strategic” locations in the Klang Valley.

The source said MACC was currently in the midst of collecting documents and evidence against the perpetrators.

MACC Director of Investigations Azam Baki, in confirming this, told Utusan Malaysia that those involved would be probed for graft and abuse of power.

Last week, the MACC arrested a senior DBKL officer with the title of “Datuk Seri” for alleged graft.

The suspect was one of three senior civil servants nabbed by the MACC in an operation which saw the seizure of over millions of ringgit in cash and valuables.