Malaysia’s Anti Corruption Unit Starts Sime Probe, Times Reports

By Soraya Permatasari
May 26 (Bloomberg) -- The Malaysian Anti-Corruption Commission has started a probe into the losses of Sime Darby Bhd., the New Straits Times reported, citing Investigations Director Mustafar Ali.
The agency will start with an investigation focusing on the internal inquiry being carried out by Sime, Mustafar was quoted as saying by the newspaper. The Malaysian plantation and energy company removed Ahmad Zubir Murshid as chief executive officer on May 13 after holding him responsible for losses and cost overruns, the report said.