Business, markets and economy news from Malaysia.
The MACC has launched a major investigation into false incentive claims under PERKESO's Daya Kerjaya 2.0 programme, opening 81 cases involving 143 companies and detaining 98 individuals in connection with alleged irregularities totalling around RM9 million.
The Malaysian Anti-Corruption Commission has placed more than 1,600 companies under scrutiny as part of its expanding investigation into the Daya Kerjaya employment scheme fraud, signalling the widening scope of one of Malaysia's most significant corporate misconduct cases.
Malaysia's MACC has uncovered widespread fraud involving 1,638 companies that submitted false claims totalling RM45 million under the Daya Kerjaya 2.0 employment scheme, resulting in 63 investigation papers and 97 arrests.
The Malaysian Anti-Corruption Commission has uncovered a massive fraud network involving 1,638 companies that made false claims under the Daya Kerjaya 2.0 employment incentive scheme, resulting in estimated losses of RM45 million to the government.