MACC finds governance weaknesses at UiTM Holdings after RM37.37m CBT probe

The Malaysian Anti-Corruption Commission (MACC) has identified governance weaknesses at UiTM Holdings Sdn Bhd and will suggest measures for improvement, following an investigation that did not reveal any criminal charges related to these weaknesses.

However, the investigation includes a criminal breach of trust charge against former CEO Azlizan Fadzil, accused of misappropriating RM37.37 million intended for a solar power project.

The MACC's ongoing investigation remains focused on the former executive, with possible expansion if new evidence comes to light.

KUALA LUMPUR, Oct 1 — The Malaysian Anti-Corruption Commission (MACC) has identified governance weaknesses at UiTM Holdings Sdn Bhd during its investigation into the company and will recommend measures to address them, Sinar Harian reported today.

MACC chief commissioner Datuk Seri Abd Halim Aman said examining governance was a routine part of investigations where weaknesses were detected, even when those shortcomings did not themselves amount to criminal offences.

“Yes, normally when we conduct an investigation, governance forms part of the aspects that we examine.

“Although governance issues may not constitute an offence that can be charged in court, they are matters that can be improved,” he told a press conference after the MACC’s 59th anniversary celebration and monthly assembly in Putrajaya.

Abd Halim said the commission would recommend improvements to address any governance weaknesses uncovered during the investigation, but declined to specify their nature or how many had been identified.

His remarks came on the same day that former UiTM Holdings group chief executive officer Azlizan Fadzil pleaded not guilty to a criminal breach of trust charge involving RM37.37 million earmarked for a large-scale solar power project in Gambang, Pahang.

Abd Halim said the MACC investigation was, for now, focused on the former chief executive, although investigators could widen the probe if new evidence emerged.

“The investigation has been carried out by the MACC since 2023. We acknowledge that it has taken quite some time and so on. But an investigation is an ongoing process; there is no time limit.

“So, for UiTM Holdings, at this point our investigation is focused on one suspect who has been charged. For now, that is the extent of our investigation. However, if there is new evidence and so on, we will continue investigating,” he said.

MACC began investigating issues involving UiTM Holdings in 2023, including matters linked to losses and the company’s governance and management.

The current charge against Azlizan relates to RM37.37 million entrusted to him for investment in a 50-megawatt solar photovoltaic project in Gambang, with prosecutors alleging that the funds were dishonestly misappropriated through payments for other purposes.

He has claimed trial.

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马来西亚反贪污委员会（MACC）已发现 UiTM Holdings Sdn Bhd 存在治理缺陷，并将提出改进措施。此前的一项调查并未发现与这些缺陷相关的任何刑事指控。

然而，调查还包括对前首席执行官阿兹利赞·法兹尔的刑事失信指控，他被控挪用了原本用于太阳能发电项目的 3737 万令吉。

反贪污委员会的调查仍在继续，目前仍以这位前高管为重点，如果出现新的证据，调查范围可能会扩大。

吉隆坡，10月1日讯——据《阳光日报》今日报道，马来西亚反贪污委员会（MACC）在对UiTM控股有限公司的调查中发现该公司存在治理缺陷，并将提出措施予以解决。

马来西亚反贪污委员会首席专员拿督斯里阿卜杜勒·哈利姆·阿曼表示，审查治理情况是调查中的例行环节，旨在发现薄弱环节，即使这些缺陷本身并不构成刑事犯罪。

“是的，通常当我们进行调查时，治理是我们审查的方面之一。

“虽然治理问题可能不构成可以在法庭上被指控的罪行，但这些问题是可以改进的，”他在布城举行的反贪污委员会成立59周年庆典和月度大会后的新闻发布会上说。

阿卜杜勒·哈利姆表示，委员会将提出改进建议，以解决调查过程中发现的任何治理缺陷，但他拒绝具体说明缺陷的性质或已发现的缺陷数量。

就在同一天，前 UiTM 控股集团首席执行官 Azlizan Fadzil 对一项涉及 3737 万令吉的刑事失信指控表示不认罪，该笔款项原本用于彭亨州甘榜的一个大型太阳能发电项目。

阿卜杜勒·哈利姆表示，反贪污委员会目前的调查重点是前首席执行官，但如果出现新的证据，调查人员可能会扩大调查范围。

“反贪污委员会自2023年起就开始进行这项调查。我们承认这花费了相当长的时间等等。但调查是一个持续的过程，没有时间限制。”

“因此，就UiTM控股公司而言，目前我们的调查重点是已被起诉的一名嫌疑人。目前，我们的调查仅限于此。但是，如果有新的证据出现，我们将继续调查，”他说道。

马来西亚反贪污委员会于 2023 年开始调查 UiTM Holdings 的相关问题，包括与亏损以及公司治理和管理相关的问题。

目前对阿兹利赞的指控与受托投资甘榜一个50兆瓦太阳能光伏项目的3737万令吉有关，检方指控他通过支付其他款项的方式不诚实地挪用了这些资金。

他已要求审判。

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