Restaurant chain CEO, company director remanded over graft

The Malaysian Anti-Corruption Commission (MACC) has arrested a CEO and a company director on suspicion of receiving bribes from contractors hired to carry out renovation works for a famous Chinese restaurant chain in the country.

The duo, aged 60 and 37, were arrested in Kuala Lumpur late yesterday afternoon.

According to a source, the CEO, a Hong Kong citizen who holds permanent resident status in Singapore, is said to have ordered each contractor to give a commission of 15% of the contract price while appointing contractors for a project to renovate six restaurants in several states.

The payments were credited to another company whose director was also detained by MACC.

Both CEO and director were brought to the Magistrate’s Court in Putrajaya where a remand order was issued for five days until Feb 23 under Section 117 of the Criminal Procedure Code.

When contacted, MACC’s deputy chief commissioner (operations) confirmed the arrests.

Investigations are being held under Section 16 of the MACC Act.