Putrajaya Holdings CEO Remanded for RM300M Alleged Graft

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The chief executive officer (CEO) of Putrajaya Holdings was detained at about noon yesterday by the Malaysian Anti-Corruption Commission (MACC) to assist with investigations into the alleged misappropriation in awarding tenders of housing projects worth RM300 million in Putrajaya.

The prominent government-linked company (GLC) is involved in more than 20 signature development projects in Putrajaya and plays a pivotal role in the overall development of Putrajaya.

The 59-year-old Datuk will be held for three days until June 30 after magistrate Shah Wira Abdul Halim granted the remand application by MACC prosecutors on Thursday (June 28).

He was approached by MACC officers while attending Hari Raya open house in Kuala Lumpur on Wednesday (June 27).

The suspect is said to have used his position to award tenders for construction projects worth RM300 million in the federal administrative capital.

Apparently, the projects were awarded to a contractor through the normal tender process but they were intentionally sabotaged, causing the contractor to fail in completing the job.

Initial investigations showed the misappropriation may have been planned from the beginning, with a replacement contractor believed to have a vested interest with the CEO being asked to continue with the projects.

It was understood that MACC had conducted raids at three locations within the Klang

Valley to obtain documents pertaining to the case.