Probe into GLC over RM108m bribes and power abuse

 |Mar 6, 2018

KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) is investigating a government-linked company (GLC) suspected of being involved in corruption and power abuse involving more than US$27.8 million (RM108.5 million).

According to sources, the MACC received information that there were officials of the company suspected of collaborating with several contractors to submit false claims on maintenance work on GLC-owned ships, although such jobs had not been carried out from 2010 until 2013.

“As such, MACC had raided the companies concerned in the federal capital and in Johor on Feb 28.

“It recorded statements from nine witnesses, including four senior officials of the GLC, and seized several related documents,” the sources said.

The sources added that among the allegations investigated by MACC was the claim for payments on the cost of repairs of ships’ tanks worth US$15.8 million (RM61.6 million) in 2012 whereas the initial estimates were only US$7.9 million (RM30.8 million).

In addition, there were also claims on maintenance works on ships which incurred losses amounting to US$12 million (RM46.8 million) because the process of appointing the contractors did not follow the acquisition procedures specified.

MACC deputy chief commissioner (operations) Datuk Seri Azam Baki, when contacted, confirmed the investigation involving the GLC concerned. – Bernama