My bet for now is that I am going to be disappointed.
This report by Star indicates that some are to snitch and some are to burn..
JOHOR BARU: A former senior vice-president of an Iskandar Investment Berhad (IIB) subsidiary was fined RM20,000, in default two months' jail, after he pleaded guilty to a charge of corruption at a Sessions court here Wednesday.
The 51-year-old man's identity has been withheld as he is assisting the Malaysian Anti-Corruption Commission in several other cases involving the IIB.
He was charged under Section 132(2)(b) of the Companies Act, and paid the fine.
Why is Star reports on this is so short one? Is it because of this "exclusive" ?
KUALA LUMPUR: Two former directors of Iskandar Investment Berhad have been arrested for alleged graft as the Malaysian Anti-Corruption Commission stepped up its investigation of the company's RM2bil package.
The duo, in their 40s, are expected to be charged in the Johor Baru magistrate's court today with corruption involving about RM5mil in connection with the construction of a highway and a boarding school in the Iskandar region.
The RM124mil highway and RM40.8mil school are part of the 3B package and the two were chief executive officers of IIB subsidiaries involved in the projects.
Innocent until proven guilty.
Yet, what happened today must have really signaled a warning to those involved in the development of Iskandar Malaysia - do not mess around.
This was what had happened -
JOHOR BAHARU -- The husband of former Iskandar Investment Bhd (IIB) chief executive officer pleaded not guilty at the Sessions Court here today to three counts of soliciting and accepting bribes to help a company secure a school construction tender last year.