Telco CEO Afzal Abdul Rahim Was Arrested For Bribery
Afzal Abdul, the company’s CEO, was arrested on accusations of soliciting and accepting bribes totaling more than RM200,000 for a communications tower project worth almost RM50 million.
Rahim was caught after submitting his statement at the Malaysian Anti-Corruption Commission’s (MACC) Selangor headquarters in Shah Alam around 8 p.m. yesterday.
According to a source, the suspect is suspected of requesting and receiving payments from another company in April of last year. Datuk Azmi Alias, director of the Johor MACC, verified the suspect’s arrest in Selangor when contacted.
According to Malay Mail, the bribe was in the form of technical work related to constructing and restoring an RM50 million communications tower project.
The suspect was brought before Shah Alam Magistrate Mohamad Redza Azhar Rezali this morning for a remand order, which was granted. Today is the first day of the remand order, which will remain until Friday.
What Happened To Abdul Rahim?
Abdul Rahim is accused of committing a crime for which the authorities also took him for investigation.
Rahim is involved with several telecommunications-related businesses, including data centers and submarine cable systems.
Afzal was named Commander-in-Chief of TIME dotCom at 31, with a big job to turn around the organization. He accepted the challenge and returned the company to profitability in less than a year.
In 2005, the team founded Global Transit, a worldwide bandwidth corporation that includes the Unity Trans-Pacific cable system as well as the Asia Pacific Gateway (APG), among its major projects.
Afzal has a Mechanical Engineering degree from the University of Sussex in the United Kingdom, focusing on Electronics and Acoustic Wave Theory. Afzal is a founder member of Endeavor Malaysia’s Board of Directors.
Abdul Rahim Net Worth: Find Out His Career Earnings
Abdul Rahim has become able to amass a net worth of millions of dollars through his company, as it has been running for years.
Rahim started his career as a Chassis Development Engineer in the automotive industry before going on to Group Lotus PLC to handle clients on the engineering consultancy side of the business. He’s also a licensed commercial pilot.
However, his net worth may have faced a downline after the recent incident and controversies. According to Time dotCom, Afzal received a salary of RM1.57 million in FY2020, down 4.4 percent from RM1.64 million in FY2019.
Encik Afzal is the creator of MyIX, a non-profit organization dedicated to assisting high-impact entrepreneurs, and a member of the Endeavor Malaysia Board of Directors.
In the aftermath of the dot-com bust, Afzal took a chance and entered the communications market. Assisted the AIMS Asia Group in becoming the region’s premier network-neutral data center operator, working with a core management team.
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