PETALING JAYA: Five people, including a former bank officer, have been remanded for seven days for allegedly accepting RM300,000 in bribes to approve bank loans totalling RM11.3 million.
The suspects in their 20s to 40s were initially believed to have accepted a bribe from the owner of a company as an inducement to approve a loan application using fake supporting documents, Sinar Harian reported.
Preliminary investigations later led the Malaysian Anti-Corruption Commission to believe that all five suspects had been doing this from 2022 to 2024, approving a total of RM11.3 million in loan applications from 39 applicants.
Sabah MACC director S Karunanithy confirmed that the Sandakan sessions court approved their seven-day remand this morning.