Six remanded for corruption, abuse of power in GLC cooperative

 |Jun 7, 2017

Six individuals, including four with the “Datuk” title, were ordered to be in remand for five days for investigation on corruption and abuse of power involving a cooperative of a government-linked company (GLC).

Three of the four with the “Datuk” title are the chairman, secretary and treasurer of the cooperative, while the other is a supply company owner.

The other two are a board member of the cooperative and his wife, who is a civil servant.

The remand order was issued by Magistrate Nik Isfahanie Tasnim Wan Ab Rahman following an application by the Malaysian Anti-Corruption Commission (MACC) to investigate them under Section 16(a)(B) and 17(a) of the MACC Act.

The six individuals arrived at the court compound at about 9.45am in handcuffs. Family members, who were waiting at the court, were seen crying  upon seeing them.

The six individuals were detained by MACC yesterday for allegedly having registered the loan borrowers of the cooperative to a multi-level marketing (MLM) company.

They were believed to have duped not less than 450 members of the co-operative, resulting in hundreds of thousands of ringgit in commission to the board of directors and also to have allegedly abused their power by colluding with the individual from the supply company to allow the co-operative to pre-purchase goods and resell them to the same supplier. – Bernama

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