Thursday, February 25, 2021

Former Mara Inc chairman faces 22 counts of bribery over Aussie property deal

He is alleged to have received bribes of RM33.45 million from the purchase of properties by Mara Inc in Australia.

Other News

No police permit needed to cross borders for school

Parents only need to show letters issued by the schools at police roadblocks.

Kes baru Covid-19 jatuh bawah 2,000

12 lagi kematian dicatatkan.

New cases drop below 2,000 mark

12 more deaths reported.

MIC leader questions ‘fickle-minded’ Umno chiefs

MIC deputy president M Saravanan says the party will only decide based on discussions in Barisan Nasional.

Umno tak boleh ubah keputusan BN sesuka hati, kata MIC

Keputusan untuk bersama dengan PN membentuk kerajaan sebelum ini dilakukan sebagai 'en-bloc' BN dan bukannya atas mana-mana parti.

A former Mara Incorporated Sdn Bhd (Mara Inc) chairman is facing 22 charges of receiving bribes totalling RM33.45 million from controversial property purchases in Melbourne, Australia.

Malaysian Anti-Corruption Commission (MACC) chief commissioner Azam Baki confirmed the arrest of the former chairman, aged 65, at the MACC headquarters in Putrajaya at noon today.

“He will be taken to the Special Corruption Court at 9am this Friday to face 22 bribery charges under Sections 16(a) and 17(a) of the MACC Act 2009 as well as Section 2(4) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.

“The suspect is alleged to have received bribes of RM33.45 million from the purchase of properties by Mara Inc in Australia,” he told Bernama today.

According to MACC sources, investigations into the case began after news portal The Sydney Morning Herald reported last year that a Malaysian living in Australia had been charged with bribing a foreign officer in relation to the sale of the Dudley International House student dormitory in Melbourne to Mara Inc.

Australian newspaper The Age also claimed that a group of wealthy Malaysian officers had overpaid by A$4.75 million (RM13.8 million) for an apartment block in the city in 2013 and that the difference had been channelled to several people.

Dudley International House is a student dormitory bought by Mara, an agency that provides scholarships to Malaysian students furthering their studies overseas.

Mara Inc also owns a 12-storey building in Swanston Street, Melbourne that was purchased in 2012 with media reporting that it had suffered losses of almost RM60 million in that transaction.

Mara Inc owns another building on Exhibition Street.

The combined value of all three properties in Melbourne reaches RM300 million.

Follow us on Telegram for the latest updates: https://t.me/malaysianow

Subscribe to our newsletter

To be updated with all the latest news and analyses.

Related Articles

Rosmah’s trial for money laundering, tax evasion to start in November

Her trial will begin after the High Court has heard her defence on the corruption case in relation to a solar hybrid project for rural schools in Sarawak.

Reaction to Malaysiakini verdict shows politics rule, not law

Blind loyalty to certain leaders, by ignoring their moral lapses, is not uncommon in non-Malay politics today.

AGC objects to NGOs’ bid to challenge deportation of Myanmar refugees

Senior federal counsel says the NGOs are not the parties affected by the decision to repatriate Myanmar nationals to their country of origin.

Sugarbook founder charged with inciting mischief

Chan Eu Boon is accused of committing the offence by using a website to publish an article entitled 'Top 10 Sugar Baby University in Malaysia'.

Group calls for probe on immigration dept for ‘defying’ court order on refugees

Human Rights Watch says the immigration department 'should recognise that it cannot operate above the law'.