PENANG PROPERTY ‘DATUK’ ARRESTED OVER FALSE SALE & PURCHASE AGREEMENTS

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PENANG PROPERTY ‘DATUK’ ARRESTED OVER FALSE SALE & PURCHASE AGREEMENTS

GEORGE TOWN— A Penang man from a prominent property company with the “Datuk” title was arrested by the Malaysian Anti-Corruption Commission (MACC) yesterday for allegedly falsifying sales and purchase agreements for Bumiputera units.

The 47-year-old, and a 39-year-old sales and marketing department head from the same Penang-based property company were both detained yesterday evening.

According to a statement released by MACC, the duo was arrested to assist in investigations into a case of false sales and purchase agreements.

They were believed to be involved in falsifying 20 sales and purchase agreements using 20 names as buyers to fulfil its Bumiputera quota at a condominium in Batu Feringghi.

It was believed that they had paid a sum of money to an individual to obtain copies of 20 identity cards of “buyers” for the Bumiputera units for the luxurious housing project.

The MACC statement claimed the falsified documents were used by the developer to reduce the amount it needs to pay to the state government to release the Bumiputera lots.

“A total 20 witnesses have given their statements to assist in investigations into this case,” the statement said.

The Datuk and the female sales and marketing department head was taken to the magistrate’s court at about 10.45am today.

Assistant Registrar Ahmad Tajudin Zain allowed a remand order for the duo until June 19.

The 47-year-old Datuk, who is the managing director of the property company, was previously arrested together with his 74-year-old father by MACC over a land scandal back in April.

MALAY MAIL

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