KUALA LUMPUR: A total of 49 current and former officers from several banking institutions, suspected of receiving bribes from law firms, will be charged in stages throughout November.
According to sources, the Malaysian Anti-Corruption Commission (MACC) has obtained approval to prosecute the individuals in stages, with all charges to be filed at the Shah Alam Sessions Court in Selangor.
They are believed to have received bribes or commissions from law firms in exchange for appointing the firms to manage financial agreement documents for customers applying for financing at several banking institutions between 2018 and 2023.
The bribery activities involving law firms and bank officers were successfully exposed by MACC through Op Tiger, which was conducted around June 2024.
Some of these commission or ‘fee’ payments were allegedly made even before the customers’ loan arrangements were completed, the source said.
All 49 individuals will face a total of 249 charges under Section 16(a)(A) of the MACC Act 2009, involving close to RM700,000 in bribes.
© New Straits Times Press (M) Bhd
