The Malaysian Anti-Corruption Commission (MACC) arrested three individuals, including two company directors in their 60s and one operations manager in his 30s, over allegations of submitting false documents to obtain about RM20 million in Trade Working Capital Financing for paddy and rice purchases that never occurred [1, 2, 3, 4, 5, 6].

The suspects, who are family members involved in rice and paddy production and processing businesses, allegedly conspired in 2025 to submit fabricated documents to a development financial institution under the Trade Working Capital Financing-I facility despite no actual purchases taking place [1, 2, 3, 4, 5, 6].

The operations manager was arrested on July 6 at about 6pm upon reporting to the MACC office in Alor Setar and was remanded for five days until July 11 as per court order [1, 2, 3, 4, 5, 6]. The two company directors were detained for questioning but later released on MACC bail after their statements were recorded [1, 2, 3, 4, 5, 6].

MACC Senior Investigation Division director Mohd Hafaz Nazar said, "The case was being investigated under Section 18 of the MACC Act 2009 for submitting false claims or documents" [2]. MACC has also frozen RM3.4 million in company bank accounts linked to the probe [7, 5].

MACC Chief Commissioner Datuk Seri Abd Halim Aman stated, "We have also recorded statements from 10 individuals and will summon another 23 witnesses. Initial investigations found that information relating to the purchase of padi and rice used to obtain the financing was false. We will obtain additional information to complete the investigation before taking further action" [5]. He added that the investigation is conducted under multiple sections of the MACC Act 2009, including Sections 16(b)(A), 17(a), 17(b), and 18 [8].

Separately, MACC has frozen 14 bank accounts totaling about RM1.1 million and seized RM1.4 million in assets linked to a foreign nationals’ affairs syndicate investigation involving 33 individuals, including enforcement officers and civil servants [9, 10, 8].

The operations manager remains in remand until July 11 as the investigation continues [1, 2, 3, 4, 5, 6].