Former massage parlour bosses held over alleged embezzlement

Former massage parlour bosses held over alleged embezzlement

A source in the MACC says the business suffered a RM1.8 million loss after the ex-managing director and executive director purchased massage oil at an inflated price.

The two suspects were remanded for four days from today.
PUTRAJAYA:
The former managing director and former executive director of a prominent massage parlour company have been arrested by the Malaysian Anti-Corruption Commission (MACC) on suspicion of embezzling company funds amounting to millions of ringgit.

A source said the two men, aged 50 and 55, were the main suspects in a fund embezzlement case related to the purchase of massage oil estimated at RM9 million.

They were detained at 9pm at the MACC headquarters here yesterday when they arrived to give their statements.

“The suspects allegedly misappropriated the money by purchasing massage oil at a higher price than the market price through a supplier believed to be a proxy, causing their company to suffer an estimated loss of RM1.8 million,” the source said.

The suspects were remanded for four days from today after magistrate Irza Zulaikha Rohanuddin granted MACC’s application at a magistrates’ court here.

Meanwhile, MACC senior director of investigation Hishamuddin Hashim confirmed the arrest, adding that the case is being investigated under Section 16 of the MACC Act 2009.

Yesterday, three women were remanded for five days until April 17 to assist with investigations into the case.

The women are in their 50s, two of them are directors of a massage oil supplier company, while the other is the wife of the former managing director of the massage parlour company.

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