What is the value of diesel allegedly disposed of improperly?

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The Improperly Disposed Diesel is Valued at RM87,400

The Malaysian Anti-Corruption Commission (MACC) in Kedah has apprehended an enforcement officer suspected of accepting a bribe to facilitate the disposal of diesel valued at RM87,400. This action involved the alleged sale of 46,000 litres of diesel at a significantly reduced price, with a portion of it not being officially declared for disposal.
Alleged Bribe for Diesel Disposal

Sources indicate that the 50-year-old officer is believed to have accepted a bribe to arrange the disposal of 46,000 litres of diesel earlier this year. The diesel was reportedly sold for RM1.90 per litre, a price considerably lower than the RM2.95 market rate established by the Ministry of Domestic Trade and Cost of Living.
Undeclared Volume and Illicit Transaction

The investigation suggests that out of the total 46,000 litres, only 30,000 litres were formally declared for disposal. The remaining 16,000 litres are suspected to have been disposed of without proper declaration, with the officer allegedly receiving RM30,400 in cash as a bribe for this undeclared transaction.
Seized Diesel and Legal Proceedings

The diesel in question was reportedly seized during enforcement operations for contraventions of Section 115(1)(c) of the Customs Act 1967. The arrested officer has been remanded for seven days until February 19, as the MACC continues its investigation under Section 16(a)(B) of the MACC Act 2009.

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What is the value of diesel allegedly disposed of improperly?

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