US charges three Malaysian state telecoms officials for multimillion-dollar fraud
KUALA LUMPUR: The United States has charged three senior employees of Telekom Malaysia (TM) for allegedly misappropriating over $20 million from the Malaysian state telecommunications firm, the U.S. Department of Justice said on Tuesday.
Mohd Hafiz Lockman, Mohd Yuzaimi Yusof, and Khanh Thuong Nguyen, who were senior executives at the U.S. subsidiary of TM, were accused of using false statements and forged records to siphon funds from the company and deceive counterparties, suppliers, auditors and supervisors in the United States on various occasions between July 2020 and February 2026, authorities said.
