A firm CEO has been detained on suspicion of soliciting and taking bribes totaling more than RM200,000 for a communications tower project valued at almost RM50 million.
Afzal Abdul Rahim is a technology entrepreneur and the current Commander-In-Chief of TIMEdotCom Berhad, an ASEAN-based telecom operator with Fixed Line, Data Centers, and Global Submarine Cable Systems.
After founding The AIMS Asia Group and Global Transit International in 2006, he joined TIME in 2008.
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Afzal Abdul Rahim was apprehended after appearing at the Malaysian Anti-Corruption Commission’s (MACC) Selangor headquarters in Shah Alam at 8 p.m. yesterday to submit his testimony.
The suspect is suspected of soliciting and receiving payments from another company in April of last year, according to a source.
“The bribe was to offer engineering work relating to the building and restoration of a telecommunication tower project worth around RM50 million,” the source said on condition of anonymity to Malay Mail.
When contacted, Johor MACC director Datuk Azmi Alias confirmed the suspect’s arrest in Selangor.
He stated that an investigation is conducted under the MACC Act 2009, Section 16 (a) (A).
The suspect was taken before Magistrate Mohamad Redza Azhar Rezali in the Shah Alam court this morning for a remand order, which was granted. The remand order is in effect today and will last until Friday.
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Afzal Abdul Rahim Net Worth
Afzal Abdul Rahim’s net worth is estimated to be in the millions of dollars. However, his net worth must have suffered as a result of the recent issue.
Time dotCom said that its CEO Afzal received RM1.57 million in total remuneration in FY2020, down 4.4 percent from RM1.64 million in FY2019.
Encik Afzal is the founder of the non-profit Malaysian Internet Exchange (MyIX) and a member of the Endeavor Malaysia Board of Directors, which is dedicated to supporting high-impact entrepreneurs.
He began his career in the automobile industry as a Chassis Development Engineer before moving on to Group Lotus PLC to manage clients on the engineering consultancy side of the business. He’s also a commercial pilot with a license.
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Meet Afzal Abdul Rahim Wife- All We Know About His Family
Afzal Abdul Rahim has not shared details about his wife. He prefers to keep his personal life private.
Furthermore, he has not disclosed information about his family as well.
We will update this section with more information once the detail is covered by a reliable source.
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