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 BREAK: Dato Seri arrested link to MEX highway 1.3b

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ameliorate
post May 1 2025, 03:47 PM

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QUOTE(Irzani @ May 1 2025, 03:06 PM)
/k asal nampak nama Tun mahathir.. terus triggered. The source dah proven ke related to Tun? Yang wak 47 korang boleh tidur sama.. sampah
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If you know about Maju holdings then you wouldn't ask this kind of questions. How did they get MEX highway and what happened to them when Thanos stepped down?

SUSNihonmaru
post May 1 2025, 04:03 PM

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QUOTE(fist_Aileron @ May 1 2025, 02:13 PM)
Najib pun sama daaaaa
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Deswai MPKL and dupes like ex Unseen Forces still blow this formula
reversependulum
post May 1 2025, 04:06 PM

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Rokek most beloved PM7

Rokek say PM7 is not rasuah and racist

gashout
post May 1 2025, 04:12 PM

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QUOTE(Medusakia @ Apr 30 2025, 11:26 PM)

user posted image

KUALA LUMPUR (April 30): The Malaysian Anti-Corruption Commission's (MACC) probe into the alleged submission of false claims amounting to RM360 million — which has nabbed four people, including one with a 'Datuk Seri' title — is linked to funds from a RM1.3 billion sukuk issuance for the 18km Maju Expressway Extension, according to sources.

The sukuk was issued by MEX II Sdn Bhd, which is owned by Maju Holdings Sdn Bhd. Neither could be reached for comment at the time of writing. Maju Holdings also owns Maju Expressway Sdn Bhd, the operator of the 26km Maju Expressway or MEX linking Putrajaya and Cyberjaya with Kuala Lumpur.

Maju Holdings established MEX II to undertake the proposed 18km Putrajaya-KLIA Highway, also known as the MEX Extension, which is intended to be a three-lane dual carriageway that will start at MEX's Putrajaya Interchange and merge onto the existing KLIA highway.

Originally planned for completion by December 2019, the MEX Extension faced delays as cash flow issues prevented MEX II from completing the construction of the highway.

While MEX II had issued the sukuk to finance the project, issues with the company’s ability to pay the sukuk’s principal and profit payments emerged in 2021, which saw it deferring payments. The debt notes were then suspended by end-2021 by CIMB Investment Bank Bhd, the sukuk’s facility agent, after payments due were not received despite extensions granted by sukuk holders.

Following the default and subsequent failed restructuring attempts, a receiver was appointed for MEX II. Meanwhile, the highway project remains stalled.

Bernama reported at midnight Tuesday that the four suspects — three men and a woman in their 50s and 70s — were arrested between 4pm and 6pm on Tuesday when they went to the MACC headquarters in Putrajaya to give their statements.

On Wednesday, the MACC obtained a four-day remand order from the Putrajaya Magistrates' Court for the four that will allow them to be held until Saturday to facilitate investigations.

Citing an unnamed source, Bernama also reported that initial investigations found that all suspects are believed to have committed the offence between 2016 and 2017. "They are suspected to have submitted false claims amounting to around RM360 million, using sukuk funds for a highway construction project in the Klang Valley valued at RM1.3 billion," it quoted the source as saying.

MACC deputy chief commissioner (Operations) Datuk Seri Ahmad Khusairi Yahaya said the case is being investigated under Section 18 of the MACC Act 2009, which stipulates that it is a crime to knowingly give an employer or client or someone beneficially interested in something a false or misleading document intended to deceive them.
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i wonder why the chairman isn't detained, but deputy chairman....


yhtan
post May 1 2025, 05:11 PM

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i remember this MEX extension somehow halted during MCO time, after few years baru MACC take action, i'm weird it doesn't involve with the Maju holding boss pun
NoNameSoldier
post May 1 2025, 05:20 PM

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mahathir is frowning here and then because he don't get to get more monies
Jag23sys
post May 1 2025, 05:46 PM

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Patutlah ada royan again pasal Sinpaore lah, dah takde tanah lah…always got a pattern.


Disappointed Anwar never sumbat all the big jerungs inside.
urnicksux2
post May 1 2025, 06:02 PM

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mamakthir got multitype crony

rcracer
post May 1 2025, 08:10 PM

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how hot is rich amoi
TSMedusakia
post May 2 2025, 09:57 AM

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QUOTE(gashout @ May 1 2025, 04:12 PM)
i wonder why the chairman isn't detained, but deputy chairman....
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Later deputy spill the beans siapa lagi terlibat kantoi la 🫢😂
Henry T
post May 2 2025, 10:07 AM

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One big happy family "eating" together. . tongue.gif

ray123
post May 2 2025, 10:10 AM

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False claims as in what? Spending money personally and then get the company to use sukuk funds to reimburse them? Or false claims as in "falsely saying project reach milestone and trigger payments"?
SUSNajibaik
post May 2 2025, 10:38 AM

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wow ni case 1 malaysia apa type pun ada
gashout
post May 2 2025, 10:48 AM

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QUOTE(Medusakia @ May 2 2025, 09:57 AM)
Later deputy spill the beans siapa lagi terlibat kantoi la 🫢😂
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my friend's father is the chairman...

house so big need a buggy to go from car park to entrance.

then each room has own access card...


Jasonist
post May 2 2025, 10:57 AM

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all the mamakthir ikan bilis, bila nak bakar sampai ke mamakthir himself???
haturaya
post May 2 2025, 11:07 AM

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QUOTE(Jag23sys @ May 1 2025, 05:46 PM)
Patutlah ada royan again pasal Sinpaore lah, dah takde tanah lah…always got a pattern. 
Disappointed Anwar never sumbat all the big jerungs inside.
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The real jerung will always swims free. whistling.gif
icemanfx
post May 2 2025, 11:34 AM

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QUOTE(gashout @ May 2 2025, 10:48 AM)
my friend's father is the chairman...

house so big need a buggy to go from car park to entrance.

then each room has own access card...
*
During covid, he piloted helicopter to ipoh to tapao nasi kandar?

kamfoo
post May 3 2025, 01:03 AM

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GGWP
s@ni
post May 3 2025, 01:15 AM

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QUOTE(ameliorate @ May 1 2025, 03:47 PM)
If you know about Maju holdings then you wouldn't ask this kind of questions. How did they get MEX highway and what happened to them when Thanos stepped down?
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Ahjib tried to do the same to mahathir.

Now pmx pula.

Wait and see bersalah or not.

Yg pasti, itu wak jahid........ 😉😌
Hobbez
post May 3 2025, 01:33 AM

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QUOTE(smsid @ May 1 2025, 12:05 PM)
That's why I said a few days ago that the biggest club doesn't want us to unite.
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But but but they were united. Under corruption. laugh.gif

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