GLC head nabbed over RM300 million projects released on bail

GLC head nabbed over RM300 million projects released on bail

Magistrate releases the 'Datuk' as MACC made no request to extend his remand.

Free Malaysia Today
Reuters pic
PUTRAJAYA:
The Magistrate’s Court here today released the CEO of a government-linked company (GLC) held for investigation into alleged power abuse involving several construction projects worth RM300 million.

Magistrate Mohammad Abduh Md Hafidz ordered the 59-year-old man to be released on bail of RM50,000 in one surety after the Malaysian Anti-Corruption Commission (MACC) made no request to extend his remand.

The man, with a “Datuk” title, had been on remand since Thursday for investigation under Section 17(a) of the MACC Act 2009.

He was arrested by MACC at about noon on Wednesday following raids at several premises in the Klang Valley, including his house and office, to obtain documents related to the case.

The suspect is believed to have misused his power to manipulate the process of several construction projects being carried out by the GLC.

According to a MACC spokesman, the project was awarded to a company via a tender process, but the suspect deliberately put in place many hurdles which led to the designated party failing in its endeavours to carry out the project.

The project was then given to a replacement contractor who is believed to have links with the suspect. It is understood that the entire idea had been planned out earlier, he added.

MACC nabs GLC head over RM300 mil worth of building projects

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