MACC Investigates Alleged RM399 Million Contract Award By PETRONAS To Foreign O&G Company

The Malaysian Anti-Corruption Commission has opened an investigation paper into allegations of graft involving a Petronas project and an international oil and gas company.

MACC said Petronas has provided its full cooperation regarding the investigation, which allegedly involves a RM399 million project in Sarawak.

“MACC has identified several issues related to procedures concerning the project. In view of this, the commission has proposed improvements to the standard operating procedures (of the project) as a preventive measure,” it said in a statement today.

Earlier this month, an online portal reported that Petronas was allegedly involved in awarding contracts, amounting to RM399 million, to a company with operations in 14 countries to construct an onshore gas plant in Sarawak.

The report claimed that the company concerned was involved in serious corruption offences to the extent that it had been banned from operating in another country.

MACC has urged anyone with information to come forward.

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