Malaysian builder NexG Bina denies wrongdoing after police freeze 16 accounts, warns projects at risk
Malay Mail Online - Money·2026-03-12 05:00
KUALA LUMPUR, March 11 — NexG Bina Bhd said 16 bank accounts of the company and its subsidiaries maintained with RHB Bank Bhd have been frozen since mid-November 2025 by the anti-money laundering unit (AMLA) of the Royal Malaysian Police (PDRM).
In a filing with Bursa Malaysia, NexG Bina said the company did not receive any formal freezing order and only became aware of the situation after it was unable to proceed with certain operating payments.
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