Crime & Courts

Highway concessionaire CEO arrested for bribery involving RM1.6b projects [WATCH]

KUALA LUMPUR: The CEO of a renowned highway concessionaire in the Klang Valley has been arrested for alleged bribery in connection to two highway projects worth RM1.6 billion.

According to a source, the Malaysian Anti-Corruption Commission arrested the CEO in his 50s, last night along with two other senior officials from the company.

The trio were arrested after MACC received information on the alleged bribery.

It is understood the bribes were a "reward" for the awarding of contracts related to two highways in the Klang Valley, the first valued at over RM1 billion and the other, over RM650 million.

According to the source, MACC also arrested five others linked to the case yesterday.

The five include the owner and management staff of a construction company involved in the project.

"All suspects were brought to the Putrajaya magistrates' court yesterday. The highway concessionaire's executives will be remanded until Friday.

"The five people from the construction company were remanded for three days."

It is understood that the case is being investigated under Section 16 (a)(A) of the MACC Act for soliciting or receiving gratification.

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