MMC Port Considers RM7 Billion IPO, Malaysia’s Largest in Years
The Malaysian Anti-Corruption Commission (MACC) arrested a 40-year-old female port manager for allegedly defrauding a company’s shareholders, causing a loss of about RM1 million. The fraud involved overcharging for dredging work at Bagan Datoh Port, Perak. She was detained on May 7, 2025, at MACC headquarters in Putrajaya, and a four-day remand order was granted until May 11, 2025, by the Putrajaya Magistrate’s Court. The case is being investigated under Section 18 of the MACC Act 2009, as confirmed by MACC senior director Datuk Zainul Darus.
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