Latest news with #OpsSerantau
BusinessToday
11 hours ago
- BusinessToday
Five Held Over RM26 Million NGO Donation Scandal, RM8 Million In Assets Seized
The Malaysian Anti-Corruption Commission (MACC) has arrested five individuals, including top officials of a non-governmental organisation (NGO), over the alleged embezzlement of RM26 million in public donations. The suspects — comprising the NGO's chairman, secretary, treasurer, and financial officer — were detained in an operation codenamed 'Ops Serantau' carried out by the Selangor MACC across several locations in Selangor, Melaka and Penang starting last Thursday. They have been remanded for seven days, with four held until Wednesday and the fifth until Thursday. According to sources, the group had allegedly channelled public funds into personal accounts and used the money to acquire jewellery, cars, land, houses, and even cryptocurrency. 'They are also believed to have diverted organisational funds into personal accounts to provide staff loans, and siphoned off surplus funds from a humanitarian well-building project in Syria for personal gain,' the source revealed. The misappropriation is believed to have started as far back as 2015. MACC Chief Commissioner Tan Sri Azam Baki confirmed the arrests, adding that assets worth over RM8 million had been seized or frozen. 'Among the seized items are jewellery worth about RM100,000, cash exceeding RM1 million, cryptocurrency accounts valued at around RM650,000, and four houses estimated at over RM1.4 million. 'MACC has also frozen 14 bank accounts amounting to nearly RM5 million for further investigation,' he said. The case is being investigated under Section 409 of the Penal Code for criminal breach of trust. Related
The Sun
12 hours ago
- The Sun
MACC arrests five, seizes RM3 million in NGO embezzlement case
KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has arrested five individuals suspected of embezzling RM26 million in public donations from a non-governmental organisation (NGO). Sources said the five suspects include the NGO's chairman, secretary, treasurer and financial officer. They were detained in 'Ops Serantau', an operation conducted by the Selangor MACC across several locations in Selangor, Melaka and Penang from last Thursday. The suspects have been remanded for seven days — four until Wednesday and the fifth until Thursday. 'The money was transferred to their personal accounts and used to purchase jewellery, cars, land, houses and even cryptocurrency. 'They are also believed to have diverted organisational funds into personal accounts to provide loans to staff and siphoned surplus funds from a humanitarian well-building project in Syria for personal use,' a source told Bernama. The source added that the misappropriation of public donations is believed to have been ongoing since 2015. Meanwhile, MACC Chief Commissioner Tan Sri Azam Baki, when contacted, confirmed the arrests and disclosed that assets worth over RM8 million had been seized or frozen. 'Among the seized items are jewellery valued at approximately RM100,000, over RM1 million in cash, cryptocurrency accounts worth around RM650,000, and four houses estimated at more than RM1.4 million. 'MACC has also frozen 14 bank accounts totalling nearly RM5 million for further investigation,' he said, adding that the case is being investigated under Section 409 of the Penal Code for criminal breach of trust.
The Sun
12 hours ago
- The Sun
MACC arrests five, seizes RM3m in NGO embezzlement case
KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has arrested five individuals suspected of embezzling RM26 million in public donations from a non-governmental organisation (NGO). Sources said the five suspects include the NGO's chairman, secretary, treasurer and financial officer. They were detained in 'Ops Serantau', an operation conducted by the Selangor MACC across several locations in Selangor, Melaka and Penang from last Thursday. The suspects have been remanded for seven days — four until Wednesday and the fifth until Thursday. 'The money was transferred to their personal accounts and used to purchase jewellery, cars, land, houses and even cryptocurrency. 'They are also believed to have diverted organisational funds into personal accounts to provide loans to staff and siphoned surplus funds from a humanitarian well-building project in Syria for personal use,' a source told Bernama. The source added that the misappropriation of public donations is believed to have been ongoing since 2015. Meanwhile, MACC Chief Commissioner Tan Sri Azam Baki, when contacted, confirmed the arrests and disclosed that assets worth over RM8 million had been seized or frozen. 'Among the seized items are jewellery valued at approximately RM100,000, over RM1 million in cash, cryptocurrency accounts worth around RM650,000, and four houses estimated at more than RM1.4 million. 'MACC has also frozen 14 bank accounts totalling nearly RM5 million for further investigation,' he said, adding that the case is being investigated under Section 409 of the Penal Code for criminal breach of trust.
The Star
13 hours ago
- The Star
MACC arrests five over RM26mil NGO fund embezzlement case
KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has arrested five individuals suspected of embezzling RM26mil in public donations from a non-governmental organisation (NGO). Sources said the five suspects include the NGO's chairman, secretary, treasurer and financial officer. They were detained in "Ops Serantau", an operation conducted by the Selangor MACC across several locations in Selangor, Melaka and Penang from last Thursday. The suspects have been remanded for seven days - four until Wednesday and the fifth until Thursday. "The money was transferred to their personal accounts and used to purchase jewellery, cars, land, houses and even cryptocurrency. "They are also believed to have diverted organisational funds into personal accounts to provide loans to staff and siphoned surplus funds from a humanitarian well-building project in Syria for personal use," a source told Bernama. The source added that the misappropriation of public donations is believed to have been ongoing since 2015. Meanwhile, MACC Chief Commissioner Tan Sri Azam Baki, when contacted, confirmed the arrests and disclosed that assets worth over RM8mil had been seized or frozen. "Among the seized items are jewellery valued at approximately RM100,000, over RM1mil in cash, cryptocurrency accounts worth around RM650,000, and four houses estimated at more than RM1.4mil. "MACC has also frozen 14 bank accounts totalling nearly RM5mil for further investigation," he said, adding that the case is being investigated under Section 409 of the Penal Code for criminal breach of trust. - Bernama
Barnama
13 hours ago
- Barnama
MACC Arrests Five, Seizes RM3 Mln In NGO Embezzlement Case
KUALA LUMPUR, June 16 (Bernama) — The Malaysian Anti-Corruption Commission (MACC) has arrested five individuals suspected of embezzling RM26 million in public donations from a non-governmental organisation (NGO). Sources said the five suspects include the NGO's chairman, secretary, treasurer and financial officer. They were detained in "Ops Serantau", an operation conducted by the Selangor MACC across several locations in Selangor, Melaka and Penang from last Thursday. The suspects have been remanded for seven days — four until Wednesday and the fifth until Thursday. "The money was transferred to their personal accounts and used to purchase jewellery, cars, land, houses and even cryptocurrency. "They are also believed to have diverted organisational funds into personal accounts to provide loans to staff and siphoned surplus funds from a humanitarian well-building project in Syria for personal use," a source told Bernama. The source added that the misappropriation of public donations is believed to have been ongoing since 2015. Meanwhile, MACC Chief Commissioner Tan Sri Azam Baki, when contacted, confirmed the arrests and disclosed that assets worth over RM8 million had been seized or frozen. "Among the seized items are jewellery valued at approximately RM100,000, over RM1 million in cash, cryptocurrency accounts worth around RM650,000, and four houses estimated at more than RM1.4 million.
