UiTM Holdings Probe Centres on RM42 Million Solar-Project Payment

Kuala Lumpur, 27 September 2026 – Malaysia’s anti-corruption authorities are examining governance and financial issues at UiTM Holdings, including a RM42 million payment linked to a solar development in Pahang. The figure requires precise treatment: investigators described it as a payment for purposes unrelated to the project and made without board approval, not as a final finding that the company incurred RM42 million in losses.

The Malaysian Anti-Corruption Commission said its investigation into losses incurred by the university-owned company in 2023 includes the development of a 50-megawatt solar project in Gambang. It is also considering whether other governance weaknesses are relevant. The inquiry remains ongoing, and the agency has said the case is complex. No conclusion of wrongdoing should be inferred from the existence of an investigation alone.