MACC arrests ex-company manager for money laundering

KUALA LUMPUR: A former senior manager of a Johor-based international trading company who was charged with siphoning more than RM101 million in March last year ran foul with the the Malaysian Anti-Corruption Commission (MACC) again yesterday when he was arrested for money-laundering involving about RM500,000.
The 40-year-old suspect who was held by the Johor MACC at about 4pm is expected to be charged for the offence at the Johor Baru Sessions Court today under Section 4 (i)(b) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001.
Sources said he is alleged to have committed the offences of taking bribes amounting to about RM500,000 from contractors appointed by the company between February and June 2015 at several locations in Johor Baru.
On March 8 last year, he was charged in Johor Baru on 115 counts of making false claims amounting to RM101.64 million for the purchase of plastic resin products between December 2014 and May 2015.
MACC Deputy Chief Commissioner Datuk Azam Baki when contacted confirmed the arrest.