Latest news with #RM32
New Straits Times
2 days ago
- New Straits Times
Singapore seizes 1.2 tonnes of smuggled Malaysian produce
KUALA LUMPUR: The Singapore Food Agency seized some 1.2 tonnes of fresh and processed produce illegally imported from Malaysia. SFA said the produce was seized in an operation carried out in collaboration with the Immigration and Checkpoints Authority. It said, on May 28 and 29, SFA and ICA conducted a joint operation on delivery trucks which typically transport produce intended for direct distribution to retailers and customers. "During the operation, ICA officers at Tuas Checkpoint noticed discrepancies in the consignment transported by two trucks and referred them to SFA for further checks. "SFA found undeclared and under-declared produce such as spring onion, potato, bayam and cut cabbage imported by two importers in the trucks. All illegally imported produce were seized," SFA said in a statement. It said SFA was investigating the incident further and will not hesitate to take enforcement action. "In Singapore, food imports must meet SFA's requirements. Illegally imported produce and food products are of unknown sources and pose a food safety risk. "Food can only be imported by licensed importers, and every consignment must be declared and accompanied with a valid import permit. "Offenders who illegally import fresh fruits and vegetables shall be liable on conviction to a maximum fine of S$10,000 (RM32,967) and/or imprisonment for a term not exceeding three years," said the statement. SFA said safeguarding Singapore's borders remains a top priority for ICA and the latter will continue to conduct security checks to detect and deter illegal importation attempts to keep Singapore safe. "SFA will continue to safeguard food safety through our integrated food safety system, which includes strict import regulations and enforcement, and work closely with border control agencies to deter illegal importation across our borders," the statement said.
Yahoo
2 days ago
- Business
- Yahoo
MACC seizes six luxury homes worth RM12m, thoroughbred horse in sukuk funds scandal involving ‘Tan Sri'
KUALA LUMPUR, May 31 – The Malaysian Anti-Corruption Commission (MACC) has seized six luxury homes and a plot of land belonging to a 'Tan Sri' as part of a probe into the alleged misappropriation of sukuk funds meant for highway construction in the Klang Valley. The Star reported citing a source saying properties, estimated to be worth around RM12 million, were confiscated following a raid conducted by the MACC's investigation division. 'During the raid, the MACC also discovered a thoroughbred horse worth hundreds of thousands of ringgit, believed to have been purchased using sukuk funds,' the MACC said in a statement yesterday. 'As a result, the MACC has summoned the individual involved along with his wife for questioning, but only the woman appeared, as her husband reportedly has health issues." MACC added that it planned to call between 30 and 50 witnesses to assist with the investigation. Efforts are ongoing to trace the couple's assets both locally and abroad. Earlier this week, the MACC seized luxury assets worth RM32 million during raids on two residences belonging to the Tan Sri in the capital. MACC investigators confiscated nine high-end vehicles including Bentley, Mercedes-Benz, and Range Rover models valued at nearly RM7 million. The operation also uncovered 217 luxury watches worth RM5 million, 27 designer handbags valued over RM1 million, and jewellery estimated at RM4 million. A hidden storage area containing luxury alcoholic beverages worth RM3 million was also found, believed to be linked to money laundering activities. MACC further seized a RM12 million luxury condominium, with all items now being investigated under the MACC Act 2009 and AMLA 2001. The probe, which began on May 9, follows earlier arrests of four individuals accused of submitting false claims worth RM360 million for a highway project between 2016 and 2017, with over RM36 million in assets seized so far.
The Sun
3 days ago
- Business
- The Sun
Misappropriation of highway construction funds: MACC seizes RM32m worth of assets believed to belong to Tan Sri
KUALA LUMPUR: 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 on Thursday (May 29). 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. 'During the search, MACC also seized nine luxury vehicles such as Bentley, Mercedes-Benz and Range Rover worth almost RM7 million,' it said. The source added that following the search, MACC also found a storage containing various types of luxury liquor in another residence estimated to be worth about RM3 million and believed to be linked to money-laundering activities. 'In the same operation, MACC also seized another luxury residential unit in the capital estimated to be worth around RM12 million, which is believed to belong to the individual,' he said. The source also explained that all goods and assets were seized for the purpose of further investigation under the MACC Act 2009 and the Anti-Money Laundering and Anti-Terrorism Financing Act (AMLA) 2001.
The Sun
3 days ago
- Business
- The Sun
MACC seizes RM32m in assets from ‘Tan Sri' over sukuk probe
KUALA LUMPUR: 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 on Thursday (May 29). 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. 'During the search, MACC also seized nine luxury vehicles such as Bentley, Mercedes-Benz and Range Rover worth almost RM7 million,' it said. The source added that following the search, MACC also found a storage containing various types of luxury liquor in another residence estimated to be worth about RM3 million and believed to be linked to money-laundering activities. 'In the same operation, MACC also seized another luxury residential unit in the capital estimated to be worth around RM12 million, which is believed to belong to the individual,' he said. The source also explained that all goods and assets were seized for the purpose of further investigation under the MACC Act 2009 and the Anti-Money Laundering and Anti-Terrorism Financing Act (AMLA) 2001.
Barnama
3 days ago
- Business
- Barnama
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.
