KUALA LUMPUR, March 4 (Reuters) – Malaysia’s anti-graft agency said on Wednesday that it is investigating corruption and fraud allegations involving a 1.1 billion ringgit ($279 million) deal between the Malaysian government and British chip firm Arm Holdings.
Authorities were also looking into a proposed takeover of IJM Corp by local conglomerate Sunway, Malaysian Anti-Corruption Commission chief Azam Baki said at a press conference.
($1 = 3.9470 ringgit)
(Reporting by Danial Azhar and Rozanna Latiff; Editing by David Stanway)
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