Johor exco’s son, special officer nabbed for graft

Source: The Malay Mail Online

The Nissan Skyline (centre) owned by Ahmad Fauzan. — Picture by Malay Mail

The Nissan Skyline (centre) owned by Ahmad Fauzan. — Picture by Malay Mail

JOHOR BARU, Feb 26 — At 25, Ahmad Fauzan Hatim Abd Latif led a lavish lifestyle.

He owned a Nissan Skyline R35, Porsche Cayenne, a Mercedes-Benz CLA 200, loved motorsports and often travelled to Europe for holidays.

However, the eldest son of Johor Housing and Local Government Committee chairman Datuk Abd Latif Bandi was among five individuals nabbed by the Malaysian Anti-Corruption Commission (MACC) on Friday over allegations of graft.

Also nabbed were Abd Latif’s special officer Muhammad Idzuan Jamalludin, also in his 20s, a lawyer, two businessmen and another individual.

More civil servants, including ranking officers, were expected to be picked up soon.

Investigations by the anti-graft body revealed Ahmad Fauzan and Idzuan were allegedly in cahoots with civil servants from the Johor Land Office and other government departments in lowering the premium of land which had been approved for housing and industrial projects, as well as in converting the titles of various premises in the state.

This had resulted the state government losing millions of ringgit.

Investigators had been monitoring the suspects for close to six months but those within the political circle were already talking about their supposed exploits. Read more

Felda chairman says RM4.3b not missing after all

Source: The Malay Mail Online

The Felda logo is seen at its headquarters in Kuala Lumpur, December 28, 2016. — Picture by Yusof Mat Isa

The Felda logo is seen at its headquarters in Kuala Lumpur, December 28, 2016. — Picture by Yusof Mat Isa

JOHOR BARU, Feb 12 — Felda chairman Tan Sri Shahrir Abdul Samad today clarified that the agency had not lost RM4.3 billion as reported.

The Johor Baru Member of Parliament said he has a list of how the RM4.3 billion was utilised, namely for long term investment, both here and abroad.

“No money is lost. From the RM6 billion received when Felda Global Ventures Holdings Bhd was listed, we spent RM1.7 billion for Felda settlers to pay each family RM15,000.

“The balance of RM4.3 billion was used for various reasons. Felda made one off payments to the governments of Sabah (RM300 million), Pahang RM250 million, housing loan for Felda settlers RM400 million, management expenses RM883 million plus investments in property, both here and foreign countries, to buy shares and many others,” he said.

Shahrir was commenting on reports in a number of news portals that claimed RM6 billion received by Felda after the FGVH listing has not been accounted for. Read more

[Updated] Felda chairman: Where did RM4.3b from listing go?

Source: The Malay Mail Online

HAKAM comment: There is an update to this article: Felda chairman says RM4.3b not missing after all [12 Feb 2017]

KUALA LUMPUR, Feb 12 — RM4.3 billion of the RM6 billion Felda earned from the listing of Felda Global Ventures Holdings Bhd (FGVH) is unaccounted for, said Tan Sri Shahrir Abdul Samad.

The Felda logo is seen at its headquarters in Kuala Lumpur, December 28, 2016. — Picture by Yusof Mat Isa

The Felda logo is seen at its headquarters in Kuala Lumpur, December 28, 2016. — Picture by Yusof Mat Isa

In a report by Malay daily Sinar Harian, the Felda chairman said his agency received the amount as dividends from FGVH’s initial public offering (IPO) in 2012, but the missing billions has caused frustrations among Felda settlers.

“Felda received RM6 billion from the listing of FGVH which is Felda’s business asset. From that amount, we have spent RM1.7 billion as windfall,” Shahrir was quoted saying yesterday.

Shahrir said Felda awarded settlers and their families RM15,000 for each household, leaving behind a balance of RM4.3 billion.

“So where did this RM4.3 billion go? I think this has frustrated settlers who are very close to Felda … who admire the role of Felda … I think they have been disappointed,” Shahrir said.

In 2012, FGVH raised US$3.1 billion (RM10 billion) in Asia’s biggest IPO that year, with its stock selling for RM4.55 each.

Felda owns 21.25 per cent of FGVH.

Shahrir’s remark came as the Malaysian Anti-Corruption Commission (MACC) detained five people, three serving and two former staff of the Federal Land Development Authority last month, on suspicion of corruption relating to a sturgeon farming project worth RM146.25 million. Read more

MACC nabs five Felda senior execs

Source: The Star Online

The Felda logo is seen at its headquarters in Kuala Lumpur, December 28, 2016. — Picture by Yusof Mat Isa

The Felda logo is seen at its headquarters in Kuala Lumpur, December 28, 2016. — Picture by Yusof Mat Isa

PETALING JAYA: The Malaysian Anti-Corruption Commission (MACC) has nabbed five high-level personnel from Felda under its Ops Caviar over alleged corruption.

The five were detained by MACC between 11.30am and 1.30pm in several locations around the Klang Valley on Tuesday.

All five are believed to have abused their positions in the company for personal gain since 2014.

It is learnt all five are being investigated in relation to a sturgeon fish rearing project worth about USD$10mil (RM47.6mil).

They will be remanded in a Putrajaya court on Wednesday to assist investigations into the case.

MACC director of investigations Datuk Simi Abd Ghani confirmed the arrests and seizures of documents in relation to the probe.

The 2015 Auditor-General’s Report (Series 2) stated that no feasibility study and due diligence was undertaken by Felda prior to a sturgeon-rearing and two other projects, costing the agency millions in losses.

 

Ex-Tekun CEO charged with corruption

Source: The Malay Mail Online

Suruhanjaya Pencegahan Rasuah Malaysia (SPRM) – Gambar fail The Malaysian Insider

Suruhanjaya Pencegahan Rasuah Malaysia (SPRM) – Gambar fail The Malaysian Insider

SHAH ALAM, Jan 9 — Former Tekun Nasional head Datuk Abdul Rahim Hassan was charged with corruption today over an RM36,000 bribe.

The former chief executive and managing director of the government agency in charge of providing the Bumiputera funding to start businesses was charged with two counts of corruption at the Shah Alam Sessions Court here after allegedly accepting RM36,000 in 2015.

The sum, 10 per cent out of Tekun’s delinquent debt collection for November 2014, was alleged to be an inducement to conduct a transaction to help speed up payment to a debt collection company, Pasadana Sdn Bhd, amounting to RM360,000.

Abdul Rahim was accused of receiving the sum at the Shah Alam Club here from a Abdul Muhsin Abdul Rahman.

He was also charged with soliciting the RM36,000 via SMS to induce the said transaction between 8.30pm and 9pm on January 13, 2015. Read more

MACC questions Penang DAP lawmaker over alleged graft involving her father

Source: The Malay Mail Online

Suruhanjaya Pencegahan Rasuah Malaysia (SPRM) – Gambar fail The Malaysian Insider

Suruhanjaya Pencegahan Rasuah Malaysia (SPRM) – Gambar fail The Malaysian Insider

GEORGE TOWN, Sept 2 ― Sungai Pinang assemblyman Lim Siew Khim is now being questioned by the Malaysian Anti Corruption Commission (MACC) over graft allegations involving her father, Lim Keat Seong.

Siew Khim, who was accompanied by lawyers Ramkarpal Singh and RSN Rayer, arrived at the MACC office along Jalan Sultan Ahmad Shah at 10am today to assist in investigations.

Her father was questioned by MACC officers for several hours yesterday over allegations that he had solicited money from applicants of low cost and affordable housing.

It was reported that MACC officers also raided two apartments in Sungai Pinang and Paya Terubong last night where some documents were seized in relation to the case.

MACC is expected to apply for a remand order to detain Keat Seong today. Read more

Bank Rakyat chairman remanded a week

Source: The Star Online

The Malaysian Anti-Corruption Commission (MACC) – The Malaysian Insider file pic, December 10, 2015.

The Malaysian Anti-Corruption Commission (MACC) – The Malaysian Insider file pic, December 10, 2015.

PUTRAJAYA: Bank Rakyat chairman Jen (ret) Tan Sri Abdul Aziz Haji Zainal has been remanded for seven days in connection with a graft case involving RM15mil.

The magistrate’s court here granted an order for him to be remanded until Sept 5.

The 65-year-old retired army general is the second person from the same financial institution to be questioned by the Malaysian Anti-Corruption Commission (MACC) over a multi-million-ringgit book publishing contract and a project to upgrade the bank’s system.

The bank’s managing director, 48, was released from remand by MACC together with another three who were also questioned.

They were the bank’s former procurement director and two owners of the publishing company.

It was reported that Abdul Aziz had been detained by the MACC for questioning over the RM15mil case, the second top level person from the bank to be hauled up by the MACC.

The bank’s managing director, Datuk Mustafha Abd Razak, was detained on Thursday. Read more

Report: MACC to question bank chairman over RM15m graft case

Source: The Malay Mail Online

The Malaysian Anti-Corruption Commission (MACC) – The Malaysian Insider file pic, December 10, 2015.

The Malaysian Anti-Corruption Commission (MACC) – The Malaysian Insider file pic, December 10, 2015.

KUALA LUMPUR, Aug 29 — The chairman of a government-linked bank is the latest individual to be questioned by the Malaysian Anti-Corruption Commission (MACC) in connection to the alleged misappropriation of RM15 million.

According to online news portal The Star Online, the 65-year-old retired army general is the second banker from that same financial institution to be questioned, the first being a 48-year-old managing director who was arrested on Thursday.

The MACC is investigating allegations of corruption involving a contract for a book deal on a national leader through a tender system said to be worth RM15 million that was awarded to a city-based publisher. However, the book reportedly never went to print. Read more

Najib to face US corruption inquiry, says New York Times

Source: The Malaysian Insider

A US grand jury is the latest authority to probe Prime Minister Datuk Seri Najib Razak over properties purchased there by his stepson Riza Aziz and businessman Low Taek Jho, The New York Times (NYT) reported today.

A unit in the US Justice Department which probes international corruption is conducting the inquiry, NYT quoted anonymous sources with knowledge on the matter. The inquiry is focused on real estate purchases in America in recent years by shell companies.

NYT had reported in February about these purchases using shell companies by various international figures, including Riza and Low, also known as Jho Low. Read more