Misappropriation Of Highway Construction Funds: MACC Seizes RM32 Million Worth Of Assets Believed To Belong To Tan Sri
KUALA LUMPUR, May 29 (Bernama) -- The Malaysian Anti-Corruption Commission (MACC) seized various assets worth RM32 million believed to belong to a highway concessionnaire with the title 'Tan Sri', following an investigation into the misappropriation of highway construction sukuk funds in the Klang Valley today.
According to a source, among the items seized were handbags, jewellery, luxury vehicles, watches and cash after the MACC Investigation Division searched two residences belonging to the individual in the capital.
The source stated that in the search, MACC seized 217 luxury watches of various brands estimated to be worth about RM5 million, 27 handbags worth over RM1 million and jewellery valued at RM4 million.
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