{"id":8322,"date":"2026-04-11T08:53:56","date_gmt":"2026-04-11T08:53:56","guid":{"rendered":"https:\/\/globalnewstoday.uk\/index.php\/2026\/04\/11\/malaysia-corporate-mafia-feud-escalates-with-lawsuit-against-mogul-yahoo-news-singapore\/"},"modified":"2026-04-11T08:53:56","modified_gmt":"2026-04-11T08:53:56","slug":"malaysia-corporate-mafia-feud-escalates-with-lawsuit-against-mogul-yahoo-news-singapore","status":"publish","type":"post","link":"https:\/\/globalnewstoday.uk\/index.php\/2026\/04\/11\/malaysia-corporate-mafia-feud-escalates-with-lawsuit-against-mogul-yahoo-news-singapore\/","title":{"rendered":"Malaysia 'corporate mafia' feud escalates with lawsuit against mogul – Yahoo News Singapore"},"content":{"rendered":"

By Anders Melin, Tom Redmond and Niluksi Koswanage<\/strong>
(Bloomberg) \u2013 Malaysian businessman Victor Chin is suing labour tycoon Aminul Islam for the \u201cattempted hijacking\u201d of a company, the latest development in the so-called corporate mafia case that\u2019s drawn public attention in the Southeast Asian nation.
Chin alleged that Aminul, who\u2019s also known as Amin and is involved in Malaysia\u2019s recruitment of foreign workers, orchestrated pressure from law enforcement agencies and applied other tactics in an attempt to take over NexG Bhd. NexG is a provider of identification systems and Chin was the company\u2019s chief operating officer until last September.
Chin said in a press statement that Amin is \u201cthe real corporate mafia and a key mastermind behind the attempted hijacking of security-based technology company NexG.\u201d He said he was suing him \u201cfor the widespread enforcement pressure, account freezes and forced leadership changes via threats and exertion of pressure.\u201d
Amin used his influence over authorities including the Royal Malaysia Police as a tool to exert pressure, Chin alleged. \u201cCoordinated actions were taken by the corporate mafia gang to hijack the company,\u201d he said. \u201cI believe there is sufficient evidence to prove that I am not part of any corporate mafia network.\u201d
Lui & Bhullar, a law firm representing Amin, acknowledged the suit and said it will file a defense accordingly. We will \u201cset out our client\u2019s position and ventilate all arguments in court,\u201d Lui & Bhullar said.
A representative for NexG said it would be inappropriate to comment on the specific allegations because this is an ongoing legal dispute between private individuals, adding it is business as usual at the company.
Chin has been issuing media statements to defend himself since police raided his premises in mid-March after Bloomberg News published a report alleging that a group of businessmen, including him, worked with the Malaysian Anti-Corruption Commission to intimidate executives and oust them from their companies. Chin and the MACC deny the allegations.
Chin has said he\u2019s being made the scapegoat and has called on any investigation into the corporate mafia to also focus on the role of the MACC and the police. He\u2019s also echoed calls for a Royal Commission of Inquiry into the corporate mafia allegations.
Prime Minister Anwar Ibrahim\u2019s cabinet has asked law enforcement agencies to investigate but hasn\u2019t called for a royal commission.
Chin maintains he himself was a victim of corporate mafia tactics at NexG, a Kuala Lumpur-based company that has for years supplied passport chips and immigration-related technology products to Malaysia\u2019s government. In August and October, NexG won two six-year contracts worth a combined RM2.46 billion (US$618 million) to produce Malaysian passports and national identity cards.
This is the first time Chin has identified an alleged member of what he calls the \u201ccorporate mafia gang\u201d at NexG.
Amin was born in Bangladesh and later became a Malaysian citizen. He\u2019s the founder of Bestinet Sdn., which operates a system that Malaysia\u2019s government uses to manage part of its intake of foreign workers, particularly from Bangladesh.
In January, Bloomberg News published an investigation, based on interviews with more than 100 people familiar with the matter, about persistent corruption in the recruitment of foreign workers from Bangladesh. The article highlighted Amin and Bestinet\u2019s role in the recruitment process.
In 2024, police in Bangladesh asked Malaysia to stop using Bestinet\u2019s system and for Amin to be extradited, saying he played a key role in a system that \u201cfraudulently extorted\u201d workers.
Amin has denied wrongdoing and hasn\u2019t been extradited or charged.
More stories like this are available on bloomberg.com<\/a>
\u00a92026 Bloomberg L.P.
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Browning Nagle had a record-setting performance vs. Alabama in the Fiesta Bowl.
It's been 53 years since the last draft. There's no reason to believe that streak will end anytime soon.<\/p>\n

source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By Anders Melin, Tom Redmond and Niluksi Koswanage(Bloomberg) \u2013 Malaysian businessman Victor Chin is suing labour tycoon Aminul Islam for the \u201cattempted hijacking\u201d of a company, the latest development in the so-called corporate mafia case that\u2019s drawn public attention in the Southeast Asian nation.Chin alleged that Aminul, who\u2019s also known as Amin and is involved […]<\/p>\n","protected":false},"author":1,"featured_media":8323,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-8322","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"_links":{"self":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts\/8322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/comments?post=8322"}],"version-history":[{"count":0,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts\/8322\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/media\/8323"}],"wp:attachment":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/media?parent=8322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/categories?post=8322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/tags?post=8322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}