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MACC investigates UiTM Holdings losses, RM42 mln solar project payment

Malaysia Times desk Original: theSun↗ 9/27 19:57 X
MACC investigates UiTM Holdings losses, RM42 mln solar project payment
Photo: theSun

The Malaysian Anti-Corruption Commission (MACC) has launched an investigation into UiTM Holdings over 2023 losses and an unauthorized RM42 million solar project payment.

From the original report

KUALA LUMPUR : The Malaysian Anti-Corruption Commission (MACC) has started an investigation into losses incurred by UiTM Holdings Sdn Bhd in 2023.

It said the investigation covered various issues, including the development of a 50-megawatt solar project in Gambang, Pahang, which involved a payment of RM42 million for purposes unrelated to the project and without the approval of the Board of Directors (BOD).

…

This is a brief of a report by another newsroom. The excerpt below is from the original.

Read the full report at theSun theSun
Read the full translated article in Japanese →

About this story

Source
theSun
Originally published
Sep 27, 2026
Updated here
Sep 27, 2026
Produced by
Malaysia Times desk (brief) — reporting by the source
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