Eight IT firms busted for bid rigging in gov't contracts

Eight local IT companies are facing fines totalling nearly RM2 million after the Competition Commission (MyCC), in a provisional decision, discovered rigging in their bids for government contracts.

MyCC CEO Iskandar Ismail said today that the companies had formed cartels among themselves when submitting quotations and tender documents for four separate National Academy of Arts Culture and Heritage (Aswara) IT projects...