The Malaysian Anti-Corruption Commission (MACC) is investigating a prominent corporate figure with the title “Tan Sri” for alleged money laundering involving Sapura Energy Bhd (SEB) shares worth over RM500 million. The probe also examines potential corruption tied to investments following the merger of Sapura Kencana Petroleum Bhd and Sapuracrest Petroleum Bhd, which formed SEB. MACC has conducted searches at multiple locations, including Sapura@Mines, Menara Permata Sapura, and the individual’s residences in Selangor and Kuala Lumpur.
MGB Bhd secures a RM44.7m contract in Saudi Arabia for villa development, enhancing its regional…
The FBM KLCI retreated as rising oil prices, renewed geopolitical tensions and concerns over AI…
Bukit Mertajam MP Steven Sim calls for investigation into human trafficking following a police raid,…
Bursa Malaysia fined CFM and its eight directors RM2 million for listing breaches, underscoring stricter…
Lembaga Tabung Haji has improved its financial position through recovery efforts, enhancing asset quality and…
Schroders Capital's Q3 2026 outlook highlights private markets' resilience and the need for selective, deliberate…
This website uses cookies.