![[UPDATED] MACC: 'Tan Sri' may be recalled in Sapura Energy breach of trust probe](/_next/image?url=https%3A%2F%2Fassets.nst.com.my%2Fimages%2Farticles%2Fwtmacc95_NSTfield_image_socialmedia.var_1746787167.jpg&w=3840&q=100)
[UPDATED] MACC: 'Tan Sri' may be recalled in Sapura Energy breach of trust probe
KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has not ruled out the possibility of recalling a prominent corporate figure with the title of 'Tan Sri' in connection with criminal breach of trust and misappropriation of funds involving Sapura Energy Bhd.
The MACC's Strategic Communications Division said that family members and former board members of Sapura Energy Bhd may also be summoned to provide their statements.
The anti-graft agency said it has not made any arrests so far.
"We wish to emphasise that the investigation is still ongoing and urge the public to avoid speculation to ensure the probe proceeds smoothly and without disruption.
"The case is viewed as a test of corporate governance integrity and the transparency of public fund management in a listed Malaysian company," the division told the New Straits Times.
Yesterday, sources said that the MACC had launched an investigation into a 'Tan Sri', focusing on several investments made following the merger of SapuraKencana Petroleum Bhd and SapuraCrest Petroleum Bhd, which later became Sapura Energy.
The source said the probe is centred on suspected offences under Section 23 of the MACC Act 2009, involving abuse of power related to remuneration, branding fees, and private placements between 2012 and 2021.
The 'Tan Sri' was summoned to the MACC headquarters for questioning on May 5 and 6.
A total of 83 bank accounts belonging to five individuals and 15 companies, involving approximately RM158.26 million, have been frozen.
On March 14, the MACC opened two investigation papers following reports of alleged money laundering and misappropriation linked to Sapura Energy when the company was known as SapuraKencana.
On March 20, graft busters visited Sapura Energy's office at Menara PNB in relation to the two investigations.
The company said it is fully cooperating with the agency and will provide the necessary information.
Prior to the investigation, Sapura Energy had consistently been one of the most actively traded stocks on the exchange, following a RM1.11 billion investment from the Minister of Finance Incorporated and creditors' approval for debt restructuring.
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