The alleged scheme was purportedly initiated to defraud Petronas Carigali in relation to multiple maintenance and services contracts between the Petronas unit and DPSB. Sources told theedgemarkets.com that the MACC investigation commenced after DPSB lodged a report on Nov 25 against its executives, Petronas Carigali executives and DPSB sub-contractors. An Anton-Pillar order is an attempt by DPSB to seek further evidence in respect of the purported illegal scheme. It is understood that the MACC investigation also covers the potential involvement of Deleum's top management and executives of both DPSB and Petronas Carigali. The DPSB employees who are involved have been suspended, pending the conclusion of the investigation, Deleum said in the filing.

Source: The Edge Markets December 14, 2020 10:30 UTC