Directors turn witnesses in RM7 million swindling case

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PETALING JAYA: Nine directors, initially said to be proxies to the prime suspect in the swindling of RM7 million from an oil company, are now witnesses to the case.

According to a report in The Star, the executives were summoned for questioning by the Malaysian Anti-Corruption Commission (MACC).

A source told The Star that none of them is believed to have received any of the money involved.

“Investigations revealed that the RM7 million was wired in stages into the accounts of the companies allegedly hired by the prime suspect over a RM76 million oil pipeline project called the Lekas 3, in Malacca between 2011 and 2013,” the source said.

As such, the directors will be produced as witnesses in the case in which the managing director of an oil and gas company is alleged to have taken a bribe from a sub-contractor for appointing him, and approving a falsified invoice for the RM76 million project.

“They were aware of the transaction after being notified by the main suspect, who is the main contractor of the RM76 million project, that a sum would be credited to the accounts,” the source was quoted as saying by The Star.

According to the report investigations showed that five individuals – three from the main contractor and two officers of a government-linked oil company – had benefited from the bribe.

The five are expected to be charged soon.

On Wednesday, the MACC picked up a former accountant linked to the main contractor over the oil pipeline project.