KUALA LUMPUR: A company claiming to have access to billions of ringgit in overseas gold and cash reserves is not registered with the Companies Commission of Malaysia (SSM), says Comm Datuk Rusdi Mohd Isa. The Bukit Aman Commercial Crime Investigation Department (CCID) director said police have received 43 reports about the company since 2023 and opened...
GOMBAK: The Road Transport Department (JPJ) will enforce strict action including confiscating vehicles owned by companies and licensed operators that employ foreigners to drive commercial vehicles, effective on Thursday (Aug 7). JPJ’s Senior Director of Enforcement Muhammad Kifli Ma Hassan said the action involves lorries, public service vehicles (PSV) and tour (sightseeing) buses that use foreign...
KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) is expected to record statements from an additional 20 witnesses in graft investigations of the RM180mil procurement of a data centre construction project tender in Johor. MACC Investigation Division senior director Datuk Zainul Darus said the commission has already recorded statements from 12 individuals in connection with the investigation. He...
PUTRAJAYA: Four company directors were among five arrested by the Malaysian Anti-Corruption Commission (MACC), in connection with a suspected fraud case totalling RM104mil involving public investment funds. According to a source, the individuals - four men and one woman between the ages of 50 and 60 years old - were detained at around 7pm Tuesday (Jan...
KOTA TINGGI: The government is working on a new initiative to support companies facing financial distress following the recent success of the Second Chance Policy for individuals, says Datuk Seri Azalina Othman Said. The Minister in the Prime Minister's Department (Law and Institutional Reform) said that a national convention, expected to be held in early 2025,...
When quitting a job, one is expected to submit an official resignation letter and serve a notice period. That procedure is understood as the norm across all jobs, right? Apparently not. A Malaysian netizen recently started a Threads post calling out a young employee, presumably a Gen Z, for their unusual and frankly unprofessional way of resigning. “Today’s youth. MIA and...
KUALA LUMPUR: Two directors of a sub-contractor company were the latest individuals to be remanded by graft busters in connection with bribes involved in a highway construction project in the Klang Valley worth more than RM1bil. Sources said the suspects—a man and woman in their 50s—were detained between 5pm and 7pm on Tuesday (July 2) after...
KUALA LUMPUR: A company has come forward to claim the suitcase filled with over RM500,000 in cash found at a shopping mall's parking lot, says Selangor police chief Comm Datuk Hussein Omar Khan. He said that the company had lodged a police report in Shah Alam on the matter and added that while the company director...
ALOR SETAR: A company owner pleaded guilty in the Sessions Court here Tuesday (Oct 3) to a charge of making a false claim amounting to RM44,600 under the Social Security Organisation's (Socso) Penjana Kerjaya 2.0 programme in 2021. Muhammad Asyraf Omar, 31, the proprietor of Asyraf Omar Legacy, made the plea after the alternative charge was...
KUALA LUMPUR: The Sessions Court here acquitted and discharged a businessman for dishonest misappropriation of RM10,000 belonging to an oil and gas company by allegedly using the funds for his personal use. Judge Datin Sabariah Othman ordered Mohamed Noor Mohamed Amin, 50, to be freed on Wednesday (Aug 2) after finding that the prosecution had failed...
