The MACC arrests the CEO of a private company over probe into RM92.5bil spent by PN govt

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Adam Radlan Adam Muhammad former CEO of Maju Assets Sdn Bhd who is also the Deputy Division of Bersatu Segambut was arrested by MACC after being suspected of being the mastermind in the distribution of government projects under the Economic Stimulus Package throughout 2020 to 2022.

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Cousin of Muhyiddin’s son-in-law remanded by MACC!? Adam Radlan Adam Muhammad is also the cousin of Muhyiddin Yasin’s son-in-law who became PM in the era of the National Alliance, Muhamad Adlan Berhan. Adlan Berhan was previously associated with Projek http://Bestari.net

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FMT Reporters

January 6, 2023 4:31 PM

PETALING JAYA: The Malaysian Anti-Corruption Commission (MACC) has arrested the CEO of a private company for allegedly serving as a middleman in the distribution of government projects.

A source close to the matter linked the arrest to MACC’s investigation into the alleged misappropriation of Covid-19 stimulus packages worth RM92.5 billion by the former Perikatan Nasional-led (PN) government.

When contacted, MACC chief commissioner Azam Baki confirmed the arrest and said the case was being investigated under Section 16 (a) of the MACC Act 2009.

The source said MACC had opened investigation papers into at least five individuals believed to have been involved in helping companies obtain projects worth between RM50 million to RM500 million through direct negotiations linked to the stimulus packages.

The source added that several contractors who were also questioned admitted to agreeing to pay a commission of between 3-5% to be deposited into the account of a political party, which was supposedly meant as political funding.

A source said the CEO, who was believed to have accepted bribes to connect contractors and other parties, was brought to the Putrajaya magistrates’ court this morning and remanded for five days.

According to the source, the 42-year-old CEO was arrested when he went to MACC’s headquarters in Putrajaya to provide evidence last night.

“Almost 90% of the projects that were given through direct negotiations have not been implemented as no acceptance letters were issued,” the source said.

“Thus, MACC will focus on investigating the remaining 10% of ongoing projects. These projects are currently at only 10% to 20% of work completed.”

https://www.freemalaysiatoday.com/category/nation/2023/01/06/macc-arrests-ceo-over-probe-into-rm92-5bil-spent-by-pn-govt/

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