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flag Malaysia's MACC arrests IJM Corp's chairman over alleged corruption, asset misuse, and governance failures tied to a major acquisition.

flag The Malaysian Anti-Corruption Commission (MACC) detained IJM Corp’s chairman, 70, over an investigation into alleged corporate governance failures, procurement misconduct, and overseas assets worth RM2.5 billion, freezing 55 accounts. flag The probe, which includes raids and the summoning of 15 individuals, follows earlier scrutiny of the firm’s finances and corporate practices. flag The UK’s Serious Fraud Office is also investigating IJM, raising concerns about a proposed RM11 billion acquisition by Sunway Bhd. flag Meanwhile, other developments include charges against a former executive for fraud, arrest warrants for absent immigration officers, the Federal Court upholding a rape conviction, and seizures of counterfeit goods, illegal e-waste, and chicken with questionable halal certification.

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