MRT construction company director charged with corruption, money laundering
Pestech Technology Sdn Bhd director G. Paismanathan is accused of giving bribes amounting to RM2.158 million to a MRT Corporation Sdn Bhd chief executive officer. – utar.edu.my pic, March 29, 2023.
G. Paismanathan is accused of giving bribes amounting to SGD655,766 to a MRT Corporation Sdn Bhd chief executive officer through an individual as a reward to ensure that Colas Rail System Engineering Sdn Bhd, which was taken over by Pestech Technology Sdn Bhd, continued the MRT Line Two project worth more than RM693 million.
If convicted, the accused can be imprisoned for a maximum of 20 years and fined not less than five times the value of the bribes or RM10,000 whichever is higher. He was charged with committing the offence between November 16 and December 27, 2017 at the Maybank branch in Taman Subang Perdana, Petaling under Section 4 of the Anti-Money Laundering, Anti-Terrorist Financing and Proceeds of Unlawful Activities Act 2001 which can be punished under Section 4 of the same act.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MOT arah Prasarana bincang masalah teknikal LRT, MRT | The Malaysian InsightMenurut Anthony Loke arahan itu diberikan kepada Pengerusi Kumpulan Prasarana Jamaludin Ibrahim.
Read more »
Prasarana told to address LRT, MRT technical issues | The Malaysian InsightTransport Ministry instructs rail company to discuss problems in a special meeting.
Read more »
Pengarah syarikat pembinaan laluan MRT didakwa rasuah, ubah wang haram | The Malaysian InsightG. Paismanathan didakwa memberikan wang secara rasuah berjumlah SG$655,766 kepada Ketua Pegawai Eksekutif MRT Corporation Sdn Bhd.
Read more »
Mahkamah Tinggi ada kuasa arah kanak-kanak jalani ujian paterniti | The Malaysian InsightPada 2021 Mahkamah Tinggi memerintahkan ujian DNA dijalankan ke atas kanak-kanak itu dengan alasan mahkamah mempunyai kuasa untuk memerintahkan ujian sedemikian.
Read more »
‘Dungeons and Dragons’ aims to recapture 80s film magic | The Malaysian InsightMakers infuse more jokes, rely less on computer effects.
Read more »
Child sexual abuse bill tabled for first reading | The Malaysian InsightConvicted offenders will receive a prison sentence of up to 20 years, fine of RM50,000.
Read more »