Over 500 companies probed for bid rigging govt tenders worth RM2b

The Malaysia Competition Commission (MyCC) is investigating over 500 companies suspected of bid rigging in government procurement involving tenders worth more than RM2 billion.

Its chief executive officer Iskandar Ismail (above) said investigations were taking some time as the companies involved had a wide network, while the movement control order implemented earlier had also put some constraints.

“We do not investigate the individual, only companies...