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Arm Holdings Under Probe By Malaysia's Anti-Graft Agency For $279 Million Deal - ARM Holdings (NASDAQ:ARM), SoftBank Group (OTC:SFTBY)
Benzinga· 2026-03-04 07:20
On Wednesday, Malaysia’s anti-graft agency launched an investigation into a 1.1 billion ringgit ($279 million) deal between the Malaysian government and Softbank (OTC:SFTFB) (OTC:SFTBY) -owned chip firm Arm Holdings (NASDAQ:ARM) .The Malaysian Anti-Corruption Commission is investigating alleged corruption and fraud tied to the deal between the two parties, Reuters reported.Azam Baki, the chief of the Malaysian Anti-Corruption Commission, disclosed that the investigation includes allegations of abuse of pow ...