November 11, 2011
www.malaysiakini.com
MACC probes Petronas, though what about Lembu's NFC?
By Jahabar Sadiq
Editor
Anti-graft officials raided inhabitant oil giant Petronas in a past weeks after reception tip-offs of purported crime by plan consultants operative on scrutiny as well as prolongation efforts in Malaysian waters, sources said.
The Malaysian Insider understands that files have been carted divided as well as Malaysian Anti-Corruption Commission (MACC) officials briefed Datuk Seri Najib Razak prior to he left for a hajj final week. The Prime Minister returned to Malaysia yesterday.
"The MACC investigators have gone in as there have been many complaints of a little looking gifts in lapse for creation recommendations for contracts," a source told The Malaysian Insider on condition of anonymity.
Another source reliable a investigation into a inhabitant oil company, saying a MACC has sensitive Najib as well as his deputy, Tan Sri Muhyiddin Yassin. The MACC does not endorse investigations for fear of jeopardising their work.
Industry sources pronounced crime has turn rampant over a years as Petronas has been giving out a horde of contracts for a various operations, together with a new pull for extrinsic oil fields. But they did not brand that section of Petro! nas was being investigated by a MACC.
"There's a lot of money to be made in long-term contracts. It's a bit less for mark contracts," one source said, adding middle-men as well as subcontractors frequent a oil giant's domicile in a iconic Petronas Twin Towers to buy as well as deliver pricey gifts together with brand-name equipment such as bags for Petronas officials.
"It's not uncommon. Everyone knows a game," he added. Another source pronounced a Petronas supervision has had various meetings to plead allegations of swindle between a employees, who have been between a many appropriate paid in Malaysia with perks together with attractive housing loans, medical benefits as well as alternative incentives.
"They used to be between a many appropriate as well as honest though there have been so many contracts these days as well as receiving a cut is easy as well as really tempting," he said, adding a little Petronas officials have been seen to be living approach over their means.
"There is a lot of gossip as well as backbiting. Some contractors have complained they have to pay up to be considered for jobs. So it's not startling that a MACC is here," pronounced a source.
He forked out a supervision has been operative on stamping out corruption, that has been identified as National Key Result Area (NKRA) by a Najib administration. The MACC available a many arrests related to swindle final year, nabbing 944 people, of that some-more than 400 were bribe givers.
Petronas was incorporated in Aug 1974 as well as is ranked between Fortune Global's 500 largest ! corporat ions, entrance in 107th final year after being in a tip 100 for 2008 as well as 2009. The association has some-more than 40,000 permanent employees in Malaysia as well as across a 35 nations where it has operations.
It also skeleton to invest around RM50 billion in an integrated downstream oil as well as gas complex in Pengerang, Johor, dubbed Refinery as well as Petrochemical Integrated Development or Rapid.
The integrated development will not only embody oil enlightening as well as petrochemical activities, though also a gas power plant as well as alternative "supportive industries" as well as is expected to have 50,000 workers during a rise of construction.
The oil association owns a 88-storey Petronas Twin Towers where a third tower was built recently as well as also Putrajaya, a country's administrative collateral that is leased to a government.
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