Police, MACC urged to probe into ‘dubious’ scheme

GEORGE TOWN: The authorities have been urged to investigate a scheme that provides funds for the establishment of companies, believed to be masterminded by a political party from the opposition.

Persatuan Kebajikan Insan Mulia chairman Aminah Abdullah has called on police and the Malaysian Anti-Corruption Commission (MACC) to probe into the scheme, in which capital is given out to would-be entrepreneurs without the need for repayment, or to sell any products or services.

She said the scheme appeared to be part of the party’s preparations for the 14th General Election, with capital for applicants said to be worth millions of ringgit.

“We have submitted a 38-page memorandum to the state police and MACC to initiate an investigation into the scheme’s operator.

“It has been operating since December 2016, masterminded by several big names, including a Datuk Paduka. We received reports from 10,000 victims,” she said after handing the memorandum at the Penang police headquarters.

She was accompanied by 50 people who were involved in the scheme.

Aminah declined to elaborate on the scheme, but had given the authorities a week to launch its investigation before she revealed the case details to the public.

One of the people who accompanied Aminah said he was offered up to RM9 million to set up 10 companies — three private limited companies and seven enterprises.

Aziman Abdullah, 52, from Kuala Lumpur, said he enrolled in the scheme in March. Applicants were required to submit a copy of the MyKad and company registration certificate without having to pay any sum up front or sign an agreement to pay back the amount.

“Every applicant must set up 10 companies, three private limited companies and seven enterprises. They would be given about RM2 million each for private limited companies and RM400,000 for enterprises,” he said.