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MACC probes power abuse, misappropriation of RM1.2 bil in govt funds

Publish date: Wed, 15 May 2024, 10:53 PM

PUTRAJAYA: Two statutory body senior officers have been remanded by the Putrajaya Malaysian Anti-Corruption Commission (MACC) for alleged abuse of power and misappropriation of Finance Ministry funds worth RM1.2 billion meant for a development project.

Magistrate Irza Zulaikha Rohanuddin granted a four-day remand order until May 18 against the duo, in their 50s, following an application from MACC officers from today.

Sources said the suspects had misappropriated loan allocation from the government.

They had transferred part of the money received from the ministry to a contractor company and consultant unrelated to the development costs stated in the government loan allocation application.

A MACC source confirmed the duo's remand, adding that investigations are conducted under Section 23 of the MACC Act 2009.

It said that MACC viewed the case seriously as the misappropriation involved government funds.

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