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Thursday, 14 September 2017 | MYT 12:35 PM

Six day remand for Datuk CEO, three others in RM40mil bribery case

PUTRAJAYA: Four people, including the chief executive officer of the Skills Development Fund Corp, have been remanded for six days over a RM40mil bribery case.

Magistrate Nik Isfahanie Tasnim Wan Ab Rahman allowed the remand order after hearing the Malaysian Anti-Corruption Commission (MACC)'s application on Thursday.

The four included the corporation’s 58-year-old chief executive, who is a Datuk, its 34-year-old secretary, a 32-year-old assistant financial officer and a 38-year-old company director.

They were nabbed by MACC officers at several places in Kuala Lumpur between 4.30pm and 6pm Wednesday.

They were said to have collaborated with the company director to siphon the allocation provided by the Government.

The corporation is a statutory body under the Human Resources Ministry.

It is responsible for providing financial assistance in the form of loans to individuals, such as school leavers, graduates and others interested in pursuing Malaysian Skills Certification, Malaysian Skills Diploma and Malaysian Advanced Skills Diploma at public or private skills training institutions.

It is learnt that the misappropriation of funds has been going on since last year and three of the suspects had collaborated with the company director to allow 15 of his registered companies to manage the training programmes.

But none of his companies was said to have been equipped with the expertise to conduct such training.