Source: MACC to study report claiming MARA ‘elites’ involved in Melbourne property scam

The student housing block, Dudley House, that was built for A$17.8 million, but inflated by A$4.75 million to A$22.5 million. ― Picture by KC Boey
The student housing block, Dudley House, that was built for A$17.8 million, but inflated by A$4.75 million to A$22.5 million. ― Picture by KC Boey

KUALA LUMPUR, June 24 ― The Malaysian Anti-Corruption Commission (MACC) will scrutinise and respond to the foreign report which claimed that senior officers of MARA were involved in property scam in Melbourne.

According to source, the MACC would study the report and would take appropriate action should there be elements of corruption as reported.

“Only after all initial information gathered and elements of corruption found, will we take action according to the MACC Act,” he said when contacted here yesterday.

Australian paper, The Age, reported that a top MARA officer, senior official and former politician had allegedly spent millions of government funds to buy an apartment block in Melbourne in a property scam.

The Australian paper alleged that “a group of super-rich Malaysian officials” overpaid by A$4.75 million (RM13.8 million) for an apartment block in the city in 2013.

The trio had allegedly 'overbid' for the building, called Dudley International House, from A$17.8 million to A$22.5 million, with the difference pocketed as bribes back home.

Dudley International House is a student hostel, bought by MARA, which provides scholarship to Malaysians studying overseas.

The five-storey building in the suburb of East Caulfield accommodates up to 115 MARA students attending Monash University. ― Bernama

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