Missing Millions of Undelivered Warships Attributed to S’pore Companies


PUTRAJAYA: An investigation into the non-delivery of six Littoral Combat Ships (LCS) led investigators on a trail to millions of ringgits, believed to be linked to the project, to three Singapore-based companies.

Sources with knowledge of the case said the latest discovery led to the detention of two people.

“Investigators are working on the new leads to see what can be uncovered from there,” a source told The Star.

Sources, however, declined to reveal the amount at stake, adding that investigators are also determining the links between the three companies, the two individuals and the LCS projects.

The duo, a former top gun from Boustead Heavy Industries Corporation Bhd, and a CEO of a company, were detained when they were summoned for questioning at the headquarters of the Malaysian Anti-Corruption Commission on Monday night.

Tan Sri, 79, was released after his statement was taken, while the CEO was remanded in custody after investigators secured a three-day restraining order for the 49-year-old.

The two are suspected of embezzling and accepting bribes in the form of payments which were made to the three companies.

It was previously reported that the project, worth more than RM9bil, was awarded in 2014 and the order was for the construction of six LCS by Boustead Naval Shipyard Sdn Bhd (BNS).

The ship should have been delivered in April 2019, but not a single ship has been built as the government has already paid the RM6bil company.

In November 2020, BNS’s parent company, Boustead Heavy Industries Corporation Bhd, filed a report with MACC for investigation into possible irregularities in the LCS project.


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