the sun malaysia ipaper logo 150x150
Wednesday, July 1, 2026
32.4 C
Kuala Lumpur
the sun malaysia ipaper logo 150x150

Former bank executive remanded over drone financing bribery allegations

A former bank executive is remanded for allegedly taking RM7,000 in bribes to approve drone purchase financing applications in 2024.

ALOR SETAR: A former bank executive has been remanded by the Malaysian Anti-Corruption Commission (MACC) over allegations of soliciting and accepting bribes for drone financing.

The suspect, a man in his 50s, is accused of accepting approximately RM7,000 in bribes two years ago.

MACC sources state the bribes were allegedly taken in exchange for helping applicants secure financing for drone purchases.

The suspect was arrested at about 4 pm yesterday after attending the Kedah MACC office to have his statement recorded.

“Initial investigations found that the suspect is believed to have committed the crime in 2024,” said the sources.

The bribes, ranging from RM1,000 to RM2,300 per application, were allegedly received via online transactions into his personal account.

Magistrate Nur Syifa Mohd Hamzah granted a five-day remand order until Jan 23 following an MACC application at the magistrate’s court.

Kedah MACC director Datuk Nazli Rasyid Sulong confirmed the arrest when contacted.

He said the case is being investigated under Section 16(a)(A) of the MACC Act 2009.

STAY AHEAD OF THE CURVE

Join our community for instant updates and exclusive content.

Join Telegram Channel

Related


spot_img

Latest News

Toblerone presents ” The Ultimate Gift “: The Toblerone Crystal Bar crafted by Swarovski

An iconic Swiss chocolate brand meets one of the world's most celebrated names in crystal artistry to bring 'Never Square' to life. Creating something unexpected, something beautiful, and something that gives back: Toblerone today announces The Ultimate Gift.

Most Viewed

spot_img
WC26

World Cup 2026

Updates, Fixtures, Results & Standings