Four including a 'Datuk' remanded over allegation of misappropriation of RM40 million government fund - News Summed Up

Four including a 'Datuk' remanded over allegation of misappropriation of RM40 million government fund


PUTRAJAYA: The Malaysian Anti-Corruption Commission (MACC) has obtained six days remand for four individuals, including a man with 'Datuk' title, to assist in investigation into misappropriation of government fund. The remand order which begins today until Sept 19 was issued by agistrate Magistrate Nik Isfahanie Tasnim Wan Ab Rahman. The four were arrested at several locations in Kuala Lumpur yesterday for alleged involvement in the embezzlement of fund which was allocated for the Skills Development Fund Corporation (PTPK). Preliminary investigation showed that they had embezzled funds of RM15 million in 2016 and RM25 million this year. The PTPK was established in June 2006 under the Skills Development Fund Act 2004 (Act 640) to manage the Skills Development Fund which was previously run by Skills Development Fund Division under the Human Resources Ministry.


Source: New Strait Times September 14, 2017 07:41 UTC



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