Highway concessionaire in hot water after MACC arrests CEO and top officials. Will justice prevail?
In a shocking turn of events, Prolintas, the highway concessionaire, confirmed that several of its personnel have been remanded by the Malaysian Anti-Corruption Commission (MACC) in connection with alleged bribery. The CEO and two top officials of the Klang Valley company were arrested by the MACC, sparking a wave of concern in the industry. Prolintas stated they would fully cooperate with the authorities in the graft probe, emphasizing their commitment to transparency and accountability.
The revelation comes amidst a series of high-profile corruption scandals in Malaysia, underscoring the challenges faced in combating white-collar crime. With the spotlight on Prolintas, the public eagerly awaits the outcome of the investigation to see if justice will be served. The MACC's swift action highlights the government's determination to root out corruption and uphold integrity in corporate practices.
Furthermore, the acknowledgment by Prolintas of the employees' detention sheds light on the internal governance of the company. This incident serves as a reminder of the importance of strong ethical standards and compliance measures in the business sector. As the investigation unfolds, the case of Prolintas will undoubtedly set a precedent for accountability and ethics in the Malaysian corporate landscape.
Ultimately, the collaboration between Prolintas and the MACC showcases a crucial step towards fostering a culture of integrity and transparency in the nation's infrastructure development. The repercussions of this case are not only limited to the company but also extend to the broader implications for anti-corruption efforts in Malaysia, signaling a pivotal moment in the fight against graft.
PETALING JAYA: Projek Lintasan Kota Sdn Bhd (Prolintas) confirms that its personnel have been remanded by the Malaysian Anti-Corruption Commission (MACC).
This comes after MACC arrested a CEO and two top officials of a Klang Valley highway concessionaire.
The chief executive officer of a highway concessionaire in the Klang Valley and seven others have been arrested for alleged bribery in connection with two ...
HIGHWAY concessionaire Prolintas Group last night confirmed three senior managers have been arrested by the Malaysian Anti-Corruption Commission (MACC) in a ...
KUALA LUMPUR, June 26 โ Projek Lintasan Kota Holdings Sdn Bhd (Prolintas) has confirmed that several of its employees have been remanded by the Malaysian ...
KUALA LUMPUR: Projek Lintasan Kota Holdings Sdn Bhd (Prolintas) has confirmed that its personnel have been remanded by the Malaysian Anti-Corruption ...
Projek Lintasan Kota Holdings Sdn. Bhd. (PROLINTAS) announced that several of its employees have been remanded by the Malaysian Anti-Corruption Commission ...
KUALA LUMPUR: Prolintas Infra Business Trust's share price opened lower after its trustee manager Prolintas Managers Sdn Bhd's personnel were arrested by ...
Projek Lintasan Kota Holdings Sdn Bhd (PROLINTAS) has confirmed that several of its employees have been remanded by the Malaysian Anti-Corruption Commission ...
PROLINTAS Infra Business Trust's share price opened lower after its trustee manager Prolintas Managers Sdn Bhd's personnel were arrested by the Malaysian ...
Prolintas Infra Business Trust units fell as low as 81 sen, 14.7% below its IPO price of 95 sen.
The Malaysian Anti-Corruption Commission (MACC) has arrested 8 individuals, including the Chief Executive Officer (CEO) and 2 top management personnel of a.
Prolintas Infra Business Trust (KL:PLINTAS) fell on Wednesday, and was sharply below its initial public offering (IPO) price, after confirming the arrest of ...
Prolintas Infra Business Trust's share price hit the lowest since its listing in March, after some directors of its trustee-manager were arrested for ...
KUALA LUMPUR: The ongoing investigation on alleged bribery involving Prolintas Group senior management will not directly have a material impact to the ...