MACC deputy chief commissioner (operations) Datuk Seri Ahmad Khusairi Yahaya says ‘financial crocodiles’ who make false claims to obtain government funds cause those who should actually benefit to be left out, and this prevents the economy from growing as expected. — Bernama pic
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KUALA LUMPUR, Jan 26 ― “Financial crocodiles” who make false claims to obtain government funds cause those who should actually benefit to be left out, and this prevents the economy from growing as expected, says Malaysian Anti-Corruption Commission (MACC) deputy chief commissioner (operations) Datuk Seri Ahmad Khusairi Yahaya.
He said the value of integrity seemed to be fading in a handful of companies that were responsible for helping the government through the distribution of funds or assistance to the needy.
The government, he said, had provided funds through initiatives and institutions such as the National Economic Recovery Plan (PENJANA), the Malaysian Indian Transformation Unit (MITRA), and the Malaysia Automotive, Robotics and IoT Institute (MARii) with the aim of helping the people affected by economic pressure throughout the Covid-19 pandemic.
“However, financial crocodiles have taken the opportunity to openly make false claims to obtain funds provided by the government to enrich themselves.
“As a result, genuine employees are laid off, graduates remain unemployed, traders...
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