The CEO of JKP Sdn Bhd, a wholly-owned company of the Minister of Finance Incorporated, presented himself at the MACC state headquarters here at 1.25pm today, and was arrested on the spot, according to sources.

FMT has contacted Penang MACC chief Abd Aziz Aban for comments and is awaiting his response.

The CEO’s arrest came after a consultant engineering firm’s 50-year-old director was detained yesterday for allegedly influencing the former to use his company’s services.

A highly placed source reportedly said the director had influenced a “certain individual” in JKP, and made about RM3 million over 11 years.

It is learnt that the engineering firm had offered itself as a civil and structural consultant engineer for JKP’s projects despite one of JKP’s key people having a “conflict of interest” with the firm.

The Magistrate’s Court has granted a five-day remand for the director from yesterday until March 5.

JKP builds affordable homes in Penang.

The case is believed to be related to a complaint lodged by PKR secretary-general Saifuddin Nasution Ismail who claimed that checks showed the engineering firm had earned RM3.06 million from its involvement in the projects.

MACC arrests company director in ‘conflict of interest’ probe