KUALA LUMPUR, May 21 — United States authorities have charged three senior executives linked to Telekom Malaysia over an alleged scheme involving more than US$20 million in misappropriated funds.
The US Department of Justice said Mohd Hafiz Lockman, Mohd Yuzaimi Yusof and Khanh Thuong Nguyen allegedly used forged records and false statements to siphon funds from TM’s US subsidiary between 2020 and 2026.
Authorities said the trio face charges including wire fraud conspiracy, wire fraud and aggravated identity theft.
Investigators alleged the group diverted millions through inflated cable purchases, fabricated expenses and unauthorised resale of telecommunications capacity.
One suspect was arrested at San Francisco International Airport, while two others surrendered last month.
The DOJ said no charges were filed against TM after the company reportedly self-reported the misconduct and cooperated with investigations.
