The former CEO of a foundation owned by a banking institution and the chairman of an NGO have been arrested on suspicion of making more than RM2.1 million in false claims.
The Putrajaya magistrates’ court granted the application by the Malaysian Anti-Corruption Commission for the duo to be remanded until Aug 31 this morning.
An MACC source said the men, in their 30s and 50s, were arrested at the agency’s headquarters between 5pm and 11.30pm yesterday after giving their statements.
“Both suspects are believed to have colluded to submit documents with false details to claim more than RM2.1 million from a foundation.
“The claims involved an aid programme under an education fund, but the programme was never carried out,” said the source.
MACC investigation division senior director Zainul Darus confirmed the arrests.
