61 witnesses called in MEX II probe, says Azam
PETALING JAYA : The Malaysian Anti-Corruption Commission (MACC) has called 61 witnesses in its ongoing investigation into the Maju Expressway Extension (MEX II) project, says chief commissioner Azam Baki.
Speaking at a press conference in Kota Bharu, Azam said that all witnesses were summoned recently.
'I have given my officers a maximum of two months to complete the investigation papers for this case, and I believe that it can be completed sooner and then submitted to the deputy public prosecutor,' he said, reported Bernama.
On May 29, MACC seized assets worth around RM32 million as part of its probe into the case.
This included a luxury condominium and a plot of land valued at RM24.5 million, as well as nine vehicles valued at RM7.6 million.
MACC has also seized luxury watches valued at about RM25 million, designer handbags valued at RM3 million, jewellery and diamonds worth RM6 million, four horses valued at RM400,000, and premium alcoholic beverages worth RM3 million.
The anti-graft agency had questioned a corporate figure with a 'Tan Sri' title whom Azam previously said was the main suspect in the case. The corporate figure is being investigated for false claims and misuse of loan bonds related to the highway project.
Hundreds of millions in sukuk funds were suspected to have been channelled to a company owned by the 'Tan Sri' and later misused for personal interests instead of the highway project.
The funds were allegedly transferred to multiple entities, including proxy companies and the personal account of a family member, and used to acquire real estate, luxury vehicles and goods, as well as to fund gambling activities.
The 18km MEX II extension, intended to link Putrajaya to KLIA, began in 2016 and was initially scheduled for completion in December 2019.
Last month, works minister Alexander Nanta Linggi said the government was working with all stakeholders to resolve the project's delay, reportedly caused by financial issues.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Star
17 minutes ago
- The Star
Kim Hin shareholders launch 85 sen privatisation offer, plan delisting
PETALING JAYA: Kim Hin Industry Bhd 's controlling shareholders, Kim Hin (Malaysia) Sdn Bhd (KHSB) and Chua Seng Huat, have tabled a 85 sen a share unconditional voluntary take-over offer for the remaining 52.94 million shares or 37.75% stake in Kim Hin. The joint offers currently hold 87.3 million Kim Hin shares, representing 62.25% of the total issued shares. Kim Hin shares closed the week at 46 sen a piece. In a filing with Bursa Malaysia, Kim Hin noted the joint offerors do not intend to maintain the listing status of the company. In the event the joint offerors receive valid acceptance of not less than nine-tenths in the nominal value of the offer shares (excluding Kim Hin shares already held by the joint offerors and persons acting in concert with them as at the date of the Offer) on or before the closing date, they intend to invoke the provisions of subsection 222(1) of the Capital Markets and Services Act, 2007 to compulsorily acquire any outstanding offer shares.
Free Malaysia Today
18 minutes ago
- Free Malaysia Today
Ringgit ends marginally higher on hopes of US tariff compromise
KUALA LUMPUR : The ringgit ended marginally higher against the US dollar today, buoyed by growing expectations of a possible compromise on upcoming US tariff measures. Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid said the modest rebound was partly driven by optimism that Washington may settle on a softer set of tariffs as it nears the finalisation of tariffs for selected countries. 'There is speculation that the finalised tariffs could be less severe than the initial proposals announced in early April, which has helped ease some market concerns. 'The ringgit was weaker earlier in the session, slipping to RM4.2383, but later recovered to as high as RM4.2175 during today's session,' he told Bernama. Nonetheless, Afzanizam noted that overall sentiment remained cautious, with investors staying on the sidelines as they await greater clarity on trade policy directions and their broader implications. At 6pm, the local currency appreciated to 4.2180/4.2260 against the greenback from yesterday's close of 4.2195/4.2255. At the close, the ringgit traded higher against a basket of major currencies. It rose against the euro to 4.9675/4.9770 from 4.9756/4.9827, appreciated against the Japanese yen to 2.9225/2.9282 from 2.9333/2.9376, and advanced versus the British pound to 5.7601/5.7710 from 5.7621/5.7703 yesterday. The local currency traded mixed against its Asean counterparts. It improved vis-à-vis the Singapore dollar to 3.3114/3.3182 from 3.3146/3.3196, and rose against the Philippine peso to 7.47/7.49 from 7.50/7.51. However, it slipped against the Thai baht to 13.0302/13.0609 from 13.0211/13.0457, and slipped against the Indonesian rupiah to 260.6/261.2 from 260.5/261.0 previously.
Malay Mail
19 minutes ago
- Malay Mail
The "Mystic Mountains and Rivers · Pursuing Dreams in Guizhou" Online Communication Special Event Makes Its Way to Malaysia
KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 4 July 2025 - On July 4th, the "Mystic Mountains and Rivers · Pursuing Dreams in Guizhou" Online Communication Special Event was held in Kuala Lumpur, Malaysia. The event was organized by the Cyberspace Administration of Guizhou, China, with the aim of promoting cooperation and exchange between Guizhou and Malaysia in the fields of digital economy, media communication, and cultural tourism. Mr. Loo Kok Seong, Director of Tourism Malaysia and President of the Malaysia-China Chamber of Commerce, and Mr. Loo Chuan Boon, Chief Operation Officer of the Selangor Information Technology & Digital Economy Corporation, attended the event and delivered speeches respectively. Mr. Zhao Guoliang, Deputy Director General of the Cyberspace Administration of Guizhou, China, gave a special presentation on the Zhao Guoliang stated that Guizhou's digital economy is booming, and its cultural tourism is thriving. He sincerely invited everyone to visit the colorful Guizhou, to experience its beautiful landscapes and diverse cultures, and to enjoy the unique integration of modern technology and ethnic charm. He expressed his hope that people from both sides will grow closer and more familiar with each other, and that cooperation in various fields will continue to deepen and become more Loo Kok Seong said that Guizhou's development in the fields of big data industry, digital communication, and the integration of culture and tourism in recent years has been truly impressive. Guizhou and Malaysia can explore cooperation based on the integration model of "Internet + Tourism + Culture," through joint content creation, interconnection of platforms, and exchange of talents to jointly build a cross-border communication from Malaysian chambers of commerce, associations, enterprises, media, young Internet influencers, the Guizhou Chamber of Commerce in Malaysia, and Chinese students studying in Malaysia, as well as journalists from some Chinese media stationed in Malaysia, attended the event. The issuer is solely responsible for the content of this announcement.
