MACC Cracks Down: More Bank Officers to be Arrested in Loan Scandal Involving Blacklisted Civil Servants
2025-01-16
Malay Mail
The Malaysian Anti-Corruption Commission (MACC) is intensifying its crackdown on corruption, with more bank officers expected to be arrested for their involvement in a loan scam. The syndicate allegedly helped civil servants with bad credit records secure personal loans, violating banking regulations and anti-corruption laws. This move is part of the MACC's efforts to combat financial fraud and ensure accountability in the banking sector, promoting transparency and good governance. The commission's actions aim to prevent corruption and protect public funds, with the scandal highlighting the need for stricter lending practices and stricter enforcement of anti-corruption laws, including the National Anti-Corruption Plan.