MACC raids 8 GLCs, 9 companies over misappropriation claims

The MACC has raided eight government-linked companies (GLCs) and nine firms in regard to the alleged misappropriation of RM92.5 billion in government funds by the previous administration.

A source familiar with investigations told Harian Metro that the eight GLCs were said to have received the biggest allocations through the stimulus packages greenlit by the government in 2020 and 2021.