( August 31, 2016, 04:11 GMT | Insight) -- The Malaysian Anti-Corruption Commission has arrested the chairman of government-owned Bank Rakyat, Abdul Aziz Zainal, for abuse of power and alleged graft involving a 15-million ringgit ($3.6-million) book project and the upgrading of the bank’s IT system, Bernama and Free Malaysia Today reported.The Malaysian Anti-Corruption Commission has arrested the chairman of government-owned Bank Rakyat, Abdul Aziz Zainal, for abuse of power and alleged graft involving a 15-million ringgit ($3.6-million) book project and the upgrading of the bank’s IT system, Bernama and Free Malaysia Today reported. MACC Director of Investigations Azam Baki said that Zainal was picked up on Tuesday at the bank’s headquarters, Bernama reported. A court judge gave the MACC permission to detain Zainal for seven days to facilitate the investigation into the alleged misappropriation of funds....
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