NST Online dated April 7, 2009 reports that MACC had on Friday, April 3, 2009 arrested a 54 year old CEO of a company for allegedly subletting a Defence Ministry contract for RM 1.3 million. The contract for the supply of defence equipment was worth RM 41.5 million.
From the report, one can presume that the company that was originally awarded the contract is either a bogus company, or a company with close link to officials involved in awarding the contract. One can also presume that the contract was awarded through direct negotiations.
There must have been similar cases like this in the past that had gone un-noticed. This is the easiest way for one to get exceedingly rich quickly, and it cannot be done without the connivance of unscrupulous insiders in the ministry.
MACC has to come down hard on those involved, and one ought not to be surprised that the trail may lead to some senior officials in the ministry. It is unlikely that junior officers are involved because of the high contract value, and it will not be surprising too that this may just be the tip of a larger MACC investigations on the ministry.
CRUSADE AGAINST CORRUPTION
Posted at 4 pm on April 7, 2009