Army Procurement Case: MACC Seizes Cash, Gold Bars Worth RM6.9 Million

KUALA LUMPUR, Jan 9 (Bernama) -- The Malaysian Anti-Corruption Commission (MACC) has seized gold bars, a high-performance vehicle and cash in various foreign currencies estimated to be worth RM6.9 million following investigations into alleged corruption involving army procurement tenders.

According to a source, the seized cash included US dollars, euros, pounds sterling, Japanese yen and Saudi riyals.

The seizure resulted from the inspection of the vehicle at a workshop in the Klang Valley, believed to have been left there for repair, the source said.

“Also seized were three 999 gold bars, each weighing one kilogramme, with a current value of around RM1.8 million; nine gold bars weighing 100 grammes each, with a current value of more than half a million ringgit; and an SVR estimated at RM360,000, believed to have been purchased in cash,” the source added.

Meanwhile, MACC Investigation Division senior director Datuk Zainul Darus, when contacted, confirmed the seizure and said the case is being investigated under Section 16(b) of the MACC Act 2009.

A former Chief of Army was remanded for seven days, while his two wives were remanded for six and three days respectively from yesterday to assist investigations into alleged corruption involving army procurement tenders.

On Dec 23, MACC officers went to the Defence Ministry, with investigations focusing on projects carried out through open tender procurement methods, as well as procurements under the Army’s Responsibility Centre.

On Tuesday, MACC remanded 17 company directors suspected of being involved in the army procurement tender cartel network.

-- BERNAMA