Photo: Bernama
PUTRAJAYA: Graft-busters have formed a forensic team to scrutinise allegations of misappropriations in connection with RM157mil losses incurred by UiTM Holdings Sdn Bhd.
Malaysian Anti-Corruption Commission (MACC) chief commissioner Tan Sri Azam Baki (pic) said the case is still under investigation and so far the commission will not divulge further details.
"I was told that a forensic team has been formed to go over the details of the case.
"I have to remind everyone that losses do not necessarily mean there is a criminal element involved. We have to be fair," he told reporters after attending the memorandum of understanding (MoU) signing between the MACC, Universiti Teknologi Mara and Malaysian Institute of Accounting (MIA) on Tuesday (March 7).
Azam said the MACC is exploring all aspects of the investigation.
"We will divulge the outcome of the investigation (once it is completed) to prevent parties from blaming one another," he added.
On Feb 10, the MACC investigated allegations of leakages amounting to over RM157mil in losses suffered by UiTM Holdings Sdn Bhd.
