CEO, director of famous Chinese restaurant chain detained for graft

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The Malaysian Anti-Corruption Commission (MACC) detained a chief executive officer (CEO) and a director of a famous Chinese chain of restaurants for suspected graft to carry out renovation projects for the restaurants.

The 60-year-old CEO and 37-year-old director were detained late yesterday afternoon in Kuala Lumpur. The CEO is a citizen of Hong Kong and has a Singapore PR status.

Sources said the duo were believed to have received money from contractors who carried out the renovation work for the chain of restaurants.

“Based on investigations, during the appointment of contractors to carry out renovation work for six restaurants in several states, the CEO is said to have ordered each contractor to pay a 15 percent commission from the contract value.

“The money was deposited into a separate company account, belonging to the female director, who was also arrested,” the source added.

Both CEO and director were brought to the Putrajaya Magistrate’s Court today for remand under Section 117 of the Criminal Procedure Code. Their five-day remand ends next Tuesday.

Meanwhile, MACC deputy chief commissioner (operations) Datuk Seri Ahmad Khusairi Yahaya when contacted confirmed the arrest.

He said the matter is being probed under Section 16 of the MACC Act 2009. – NST