Tourism Malaysia’s RM90 million scandal: 2 directors of IO Movement Sdn Bhd detained again…

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Directors implicated in RM90 mil Tourism M’sia scandal back in remandBy FocusM |  June 25, 2020 11:11 am |  Featured, Mainstream

THE directors of a company at the heart of a Tourism Malaysia scandal have been remanded again, this time over allegedly submitting false documents to a leasing company in order to obtain an RM7 mil loan.

The directors, a 31-year-old woman and a 45-year-old man, of IO Movement Sdn Bhd purportedly collaborated with Tourism Malaysia staff to falsify documents in order to obtain the loan to carry out an advertising project under the agency. 

The duo were remanded for six days until June 29 to allow the Malaysian Anti-Corruption Commission (MACC) to investigate the matter. Both were arrested on Tuesday when they presented themselves at the MACC headquarters for their statements to be recorded.

It is believed that the investigators are looking into the directors’ involvement in submitting false documents in relation to the RM90 mil advertising contract Tourism Malaysia awarded the company early this year. 

That RM90 mil contract is also being investigated as the directors of the IO Movement allegedly bribed Tourism Malaysia officials to secure the deal. The first round of remands happened on June 10.

IO Movement’s shareholders are Chew (90%) and Tunku Izrina Mazuin Tunku Iskandar (10%). Tunku Izrina was also a director from Nov 20, 2007 to Aug 8, 2016.

Further checks show that Chew is only a shareholder of IO Movement but Tunku Izrina is a director or shareholder of a clutch of companies. 

Among them, she is a shareholder of Melewar Utama Sdn Bhd (9.99%), a subsidiary of Melewar Group Bhd, where her father Tunku Iskandar Tunku Abdullah is a director. Melewar Group’s shareholders and directors come from the Negeri Sembilan royal family. 

IO Movement is described as a company providing consultancy services in public relations and communications. – June 25, 2020

https://focusmalaysia.my/mainstream/directors-implicated-in-rm90-mil-tourism-msia-scandal-back-in-remand/?utm_medium=Social&utm_source=Twitter#Echobox=1593056573

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https://weehingthong.org/2020/06/11/tourism-malaysia-arrested-3-directors-of-company-awarded-rm90-million-contract/

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1 Response to Tourism Malaysia’s RM90 million scandal: 2 directors of IO Movement Sdn Bhd detained again…

  1. Pingback: Tourism Malaysia RM90 million bribery scandal: Ibrahim Omar, director of IO Movement Sdn Bhd, is charged with using false documents… | weehingthong

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