KUALA LUMPUR: THE Malaysian Anti-Corruption Commission (MACC) is expected to charge the chief executive officer of a government-linked company (GLC) and the owner of a local shipping company with criminal breach of trust involving more than RM9 million.
A source close to the investigation said the duo were arrested yesterday and would be charged today at the Shah Alam Sessions Court.
“The CEO allegedly committed criminal breach of trust involving more than RM9 million in 2012 at the GLC’s office in the Klang Valley while the latter was believed to have abetted the offence.”
The source said the duo would be charged under Section 409 of the Penal Code for criminal breach of trust, which carries a jail term of up to 20 years and a caning.
They are also liable to a fine upon conviction.
He said the arrest of the two was part of investigations into the private sector by the commission.
MACC special operations dir-
ector Datuk Bahri Mohamad Zin confirmed the arrests.
It was reported that the commission had, from 2009 to this year, detained 616 individuals in the private sector and charged 250 of them with corruption.