Accounts of IT company frozen


  • Nation
  • Thursday, 03 Feb 2005

PETALING JAYA: The Finance Ministry has frozen the accounts of a technology company located in Cyberjaya after two police reports were lodged against the chief executive officer. 

Sources said the move by the ministry was to protect RM60mil that was still in the accounts and the amount was part of the Government soft loan released to the company. 

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