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No one wins meaningless Nevada primary, in embarrassment for Haley Malaysia’s widening anti-graftThe Malaysian Anti-Corruption Commission (MACC) is revisiting several of the country probe zeroing in on high-profile corporate bailouts of the Mahathir era s
This audio is generated by an AI tool.
This audio is generated by an AI tool.
Senior government officials involved in the ongoing probe told CNA that investigators from the MACC are trying to determine the role Dr Mahathir played, if any, in the transaction.
They also noted that top officials from Petronas, including members of its board of directors, who served at the national oil corporation at the time will be interviewed in the coming days as part of the ongoing investigation.
DIALLING BACK
The review of the MAS bailout and the financial lifeline extended by Petronas to rescue Mr Mirzan’s shipping assets are not the only Mahathir-era deals on the MACC's radar.
The anti-graft agency is also probing a separate corporate exercise involving the now-defunct Singapore-based trading platform called the Central Limit Order Book, or CLOB, and the takeover of a large conglomerate called Multi-Purpose Holdings Bhd (MPHB) in the late 1990s.
