Ex-CEO held over alleged graft (Updated)

PETALING JAYA: The Malaysian Anti-Corruption Commission (MACC) arrested a “datuk”, who is also a former managing director and chief executive officer of a financial services agency for micro and small entrepreneurs under the government today.
Sources close to the MACC told theSun that the 62-year-old suspect who had just returned after performing his umrah on Jan 7 was detained at his home at 5.15pm in Bukit Bandaraya in Shah Alam today.
“The datuk had been investigated by the MACC before this and he is expected to be charged in the Shah Alam sessions court today for the offence of soliciting a bribe of RM36,000.
“The suspect is believed to have received the bribe as an inducement to help speed up the collection process by a debt collecting agency amounting to RM360,009 on Jan 15, 2015,” the source said.
The source added the RM36,000 bribe, represented 10% of the collection of “Hutang Lapuk Tekun Nasional” for Nov 2014.
The sources said the suspect who held the post from 2008 to 2014 had appointed the debt collecting agency to collect debts that are not paid by borrowers for more than two years.
On Jan 4, a ministry secretary-general and his two sons were remanded until Jan 11 for investigations into charges of corruption and abuse of power.
The MACC seized and impounded cash, gold bars and branded goods such as watches, handbags and pens, as well as cash in Australian and Euro currencies, estimated at more than RM3 million.
It is learnt that the secretary-general had also previously served as a board member of Tekun Nasional.
The MACC is also investigating the possibility of whether the two individuals are related in corrupt practices involving the ministry.
When contacted, MACC deputy chief commissioner (operations) Datuk Azam Baki confirmed the arrest.
He also revealed that the suspect would be charged in the Shah Alam sessions court tomorrow.