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#agricultural-financing

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Three arrested in Kedah over alleged RM20m financing scheme for non-existent paddy and rice purchases

Malaysian Anti-Corruption Commission arrests three individuals in Kedah, including two company directors, over an alleged RM20 million financing scheme linked to non-existent paddy and rice purchases.

By Khairul Anuar · 7 Jul 2026 · 4 min read

MACC Arrests Three in RM20 Million Rice Financing Fraud Scheme

The Malaysian Anti-Corruption Commission has arrested three individuals, including two directors from rice and padi companies, over allegations of submitting forged documents to secure approximately RM20 million in trade working capital loans.

By Rajesh Kumar · 7 Jul 2026 · 4 min read

Three arrested in Kedah over alleged RM20m financing scheme for non-existent paddy and rice purchases

MACC Arrests Three in RM20 Million Rice Financing Fraud Scheme

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