KUALA LUMPUR, Feb. 12 -- Seven officers from a leading bank were dismissed last month after an internal investigation found they were involved in a loan syndicate orchestrated by a financial consulting firm, which was recently dismantled by the Malaysian Anti-Corruption Commission (MACC) under Ops Sky.
The bank's six-month investigation revealed that the officers had accepted bribes from agents of the firm to approve loans exceeding the eligibility limits for civil servants, most of whom were teachers, according to a report published in Berita Harian today.
The seven officers were among 18 bank employees arrested by MACC's Anti-Money Laundering Division under Op Sky, a joint operation with Bank Negara Malaysia (BNM).
A source said more b...