Businessman fined RM20,000 for not reporting bribery transaction

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Photo for representational purpose only - Source: 123rf

SHAH ALAM - A businessman was fined RM20,000, in default six months’ jail, for failing to report to the Malaysian Anti-Corruption Commission (MACC) or the police on a bribery transaction involving RM30,000.

Judge Rozilah Salleh meted out the fine on Low Kenree, 44, after the man pleaded guilty to the charge.

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Low was charged under Section 16 (a)(A) of the MACC Act with accepting the money as an inducement to help an individual to settle a case on the sale of a company which was not declared to the Inland Revenue Board.

In doing so, he had breached Section 25(1) of the MACC Act.

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He was charged with committing the offence at a hotel in Subang Jaya, Petaling, near here, at 3.18 pm last Jan 27.

Earlier, during mitigation, Low, unrepresented, said he was remorse and that he was supporting his parents.

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Deputy public prosecutor Nor Yusriza Zulkifli prosecuted. - BERNAMA