
MACC finds RM11m converted into digital currency in highway sukuk case
The MACC has discovered that RM11 million, suspected to originate from a RM1.3 billion sukuk fund earmarked for a Klang Valley highway project, was converted into digital currency and subsequently spent on undisclosed expenses.
In a press conference today, MACC chief commissioner Azam Baki said the commission is now investigating how the money was withdrawn and used.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


New Straits Times
29 minutes ago
- New Straits Times
Former Dewan Negara deputy speaker charged over Range Rover bribe
AYER KEROH: A former Deputy Dewan Negara Speaker was charged in the Sessions Court here today with receiving a Range Rover Sport as gratification from a company director. Datuk Seri Mohamad Ali Mohamad, 61, pleaded not guilty after the charge was read out before Judge Elesabet Paya Wan. According to the charge, Mohamad Ali, as the managing director of a development company, corruptly received the Range Rover Sport from a company director with a "Datuk" title. The gratification was an inducement to award the company subcontracting work related to an 89.3ha reclamation project in Melaka. The contract was for the extraction, transportation, and unloading of sea sand at RM6.50 per cubic metre. The offence was allegedly committed at the company's office in Taman Kota Syahbandar in June 2015. Mohamad Ali was charged under Section 16(a)(A) of the Malaysian Anti-Corruption Commission (MACC) Act and is punishable under Section 24(1) of the same Act. If convicted, he faces a maximum imprisonment of 20 years and a fine of not less than five times the value of the gratification or RM10,000, whichever is higher. On June 18, Mohamad Ali was charged in the Shah Alam Sessions Court with 20 corruption offences and was granted bail of RM60,000 with one surety, with his passport surrendered to the court. He pleaded not guilty then. During today's proceedings, MACC Deputy Public Prosecutor Datuk Ahmad Akram Gharib requested the same conditions and bail amount as decided by the Shah Alam Court. "The prosecution will also file an application on the mention date of July 27 in the Shah Alam Court for all cases there to be transferred to Melaka Sessions Court 1 to be jointly tried," he said. Lawyer Md Yunos Shariff, who appeared for Mohamad Ali, confirmed the bail and conditions. He did not object to the prosecution's suggestion for a joint trial of the cases in the Shah Alam and Melaka courts. Elesabet then allowed the prosecution's application and set Aug 14 for the next mention.


Free Malaysia Today
34 minutes ago
- Free Malaysia Today
Ex-Senate deputy president claims trial to accepting Range Rover as bribe
Ali Mohamad claimed trial last week to 20 charges of accepting RM235,000 in cash and three luxury cars in relation to a land reclamation project in Kota Laksamana. (Bernama pic) PETALING JAYA : Former Dewan Negara deputy president Ali Mohamad pleaded not guilty in the Ayer Keroh sessions court in Melaka today to a charge of accepting a luxury car as a bribe in 2015. Bernama reported that he entered the plea after the charge was read to him before judge Elesabet Paya Wan. Ali was accused of corruptly accepting a Range Rover Sport from a company director as an inducement to award subcontract work for a land reclamation project in Kota Laksamana. The offence allegedly took place at the company's office in Taman Kota Syahbandar, Melaka Tengah, in June 2015. The charge, under Section 16(a)(A) of the Malaysian Anti-Corruption Commission Act 2009, is punishable under Section 24(1) of the same Act by up to 20 years' imprisonment and a fine of not less than five times the value of the bribe or RM10,000, whichever is higher. Deputy public prosecutor Ahmad Akram Gharib urged the court to maintain the same bail conditions set by the Shah Alam sessions court on June 18: RM60,000 bail with one surety, surrender of the accused's passport, and a prohibition on contacting prosecution witnesses. He also applied for the case previously filed in Shah Alam to be transferred to Ayer Keroh so that both matters can be heard together. Defence counsel Yunos Shariff raised no objection, and the court fixed Aug 14 for mention. Ali claimed trial in the Shah Alam sessions court last Wednesday to 20 charges of accepting RM235,000 in cash and three luxury cars in relation to the reclamation project.


Barnama
an hour ago
- Barnama
Assistant Environmental Health Officer Charged With Accepting Bribe
He was alleged to have received RM3,000 in bribes from a restaurant manager as an inducement not to take legal action against the premises for breach of the Food Hygiene Regulations 2009. JOHOR BAHRU, June 26 (Bernama) -- An Assistant Environmental Health Officer pleaded not guilty at the Sessions Court here today to a charge of accepting a bribe of RM3,000 last year. Mohd Azrul Nazwan was charged with committing the offence at a restaurant in Merlin Tower, Jalan Meldrum here between 8 pm and 9 pm on July 25 last year. The charge, under Section 17 (a) of the Malaysian Anti-Corruption Commission (MACC) Act 2009 (Act 694), provides a prison sentence not exceeding twenty years and a fine of not less than five times the amount or value of the bribe that is the subject matter of the offence if the bribe can be assessed or is in the form of money, or RM10,000, whichever is higher, upon conviction. Judge Ahmad Kamal allowed him bail of RM5,000 with one surety and also ordered him to report to the Johor Bahru MACC office once a month and surrender his passport to the court.