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6 Bankers in Klang Valley arrested by MACC for receiving bribes of RM18mil to approve loans

Source: Malay Mail

The Malaysian Anti-Corruption Commission (MACC) had in an operation arrested 6 bankers yesterday (8 June) for alleged soliciting and accepting bribes from individuals applying for personal loans.

As reported by Harian Metro, the 6 suspects, aged between 36 to 45 were employees of a bank working in different branches and they were arrested at 4.45 p.m. at the Selangor MACC office.

Source: FMT

According to their sources, the 6 bankers received bribes in return for approving funding application from applicants who were not eligible for the loans. It is believed that the suspects have received bribes amounting to RM18 million which are about 15% to 35% of the 110 personal loans approved.

Source: Sinar Harian

In addition, the MACC also confiscated cash amounting to RM69,000, several luxury watches and mobile phones from the suspects. All of the items were estimated to worth more than RM100,000.

Meanwhile, Selangor MACC Director, Datuk Alias Salim confirmed the arrested of the 6 suspects and he said all of them will be brought to the Shah Alam Magistrate’s Court today (9 June) for a remand application.

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