<div class=newsTextDataWrapInner><p>PUTRAJAYA (Aug 3): The Malaysian Anti-Corruption Commission (MACC) arrested three individuals for allegedly receiving bribes to conceal important documents involving a palm oil industry company.</p></div>

<div class=newsTextDataWrapInner><p>An MACC source said that two men and a woman, in their 40s to 50s, were arrested at the MACC headquarters here around 10pm on Friday to 1am on Saturday, when they showed up to provide their statements.</p></div>

<div class=newsTextDataWrapInner><p>“The two men, who are the company secretaries, were arrested on suspicions of taking bribes to conceal several important documents related to a call option agreement (COA).</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“The documents were concealed by the company secretaries to delay a second party from conducting a COA that was signed in March 2021, and to delay the trial of a civil suit decided by the High Court in October 2022,” the source said, adding that the woman, who is an account manager, was arrested for being involved in transactions to receive the bribes.</p></div>

<div class=newsTextDataWrapInner><p>The woman is being remanded for three days until Monday, while the two men would be remanded for five days until Wednesday, the source said.</p></div>

<div class=newsTextDataWrapInner><p>Meanwhile, MACC investigations division senior director&nbsp;Datuk Seri Hishamuddin Hashim confirmed the arrests when contacted, adding that the case is being investigated under Section 16(a)(A) of the MACC Act 2009.</p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Tham Yek Lee</em></p></div>


The Malaysian Anti-Corruption Commission (MACC) arrested three individuals for allegedly receiving bribes to conceal important documents involving a palm oil industry company.

MACC nabs three for allegedly accepting bribes to conceal documents on palm oil industry company

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Republican presidential candidate Donald Trump said on Thursday that if he is elected in November, no state will be able to ban gasoline-powered cars or trucks, as he seeks to make the future of the auto industry a key campaign issue.

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<p>Here is brief recap of some business news and corporate announcements that made headlines on Thursday.</p>


Velesto, MPHB, Kuchai, Sungei Bagan, Lay Hong, Atlan, Techna-X, MyEG, Harrisons, Maybank and Varia 

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<p>MyEG Services Bhd (KL:MYEG) said its blockchain developer, Zetrix, has come out with a digital identification (ID) verification service for Chinese nationals on the ZCert service.</p>


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<p>The Pahang palace on Thursday refuted a post on social media regarding a royal wedding invitation involving the Pahang Crown Prince Tengku Hassanal Ibrahim Alam Shah Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah and a woman as fake and has no connection to the Crown Prince or the palace.</p>


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<p>PKR international bureau chairman Datuk Seri Shamsul Iskandar Md Akin claims that the consensus among parties within Perikatan Nasional (PN) is becoming increasingly fragile.</p>


<p>PayPal Holdings Inc completed its first business payment using its proprietary stablecoin as a way to demonstrate how digital currencies can be used to improve often-clunky commercial transactions.</p>


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<p>All members of the Dewan Rakyat are advised to focus on discussing the affairs of the people instead of politics during the presentation of the 2025 Budget, said Speaker of the Dewan Rakyat Tan Sri Dr Johari Abdul.&nbsp;</p>


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<p>In normal circumstances, wars are launched with total stealth to maximise the element of surprise. It is one of the most important dimensions of warfare, whether it is staged by the states or sub-state groups.&nbsp;</p>


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<p>Oil and the dollar rose as tensions in the Middle East unnerved investors ahead of US jobs data due later Friday that will help identify the path ahead for interest rates.</p>


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<p>Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly lower on Thursday, driven by profit-taking following a recent price rally.</p>

<p>Palm oil trader David Ng said that the weakness in the soybean oil market during Asian trading hours also dampened sentiment.</p>


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<p>There is a clear commitment from the leadership of Malaysia and Pakistan to resolve any issues that could impede the flourishing trade and commerce between the two countries, said Prime Minister Datuk Seri Anwar Ibrahim.</p>

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<p>US service providers expanded in September at the fastest pace since February 2023, driven by a flurry of orders and stronger business activity.</p>

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