MACC busts fertiliser cartel involving projects worth RM1.8bil

PETALING JAYA: The Malaysian Anti-Corruption Commission (MACC) has launched an investigation into the existence of a cartel involved in the distribution and supply of fertiliser contracts for rice paddies, valued at an estimated RM1.8bil, within an organisation under the control of a ministry. The MACC conducted a series of raids over the past two days in...

MACC summons Navy personnel in ‘procurement cartel’ probe

KUANTAN: The Navy has confirmed that some of its members have been summoned by the Malaysian Anti-Corruption Commission (MACC) for questioning over the 'procurement cartel' involving construction work at one of its base camps, involving more than RM9mil. Navy commander Admiral Tan Sri Abdul Rahman Ayob said that the MACC had also taken some documents to...

Cartel formation sabotages govt’s efforts to reduce people’s cost of living, says Armizan

PAPAR: Forming a cartel to gain profit without fair competition is an act of sabotage against the government’s ongoing efforts to reduce the people’s cost of living, says Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali. Citing the case where five companies were fined RM415.5mil for fixing the price of poultry feed on...

Chicken subsidy removal: Over 3,000 enforcement officers to monitor prices

KUALA LUMPUR: Enforcement personnel are being mobilised to monitor chicken prices after subsidies for the item were removed today, says Datuk Armizan Mohd Ali. The acting Domestic Trade and Cost of Living Minister said 2,300 enforcement personnel and some 900 price monitoring officers had been deployed to monitor the situation at all levels, including at hypermarkets,...