Latest news with #TanSriAzamBaki
Malay Mail
2 days ago
- Business
- Malay Mail
From high-end handbags to million-dollar real estate, MACC seizes RM31.4b in corruption-related assets over the past five years
KUALA LUMPUR, Aug 15 — The Malaysian Anti-Corruption Commission (MACC) has seized assets worth RM31.4 billion from corruption-related activities over the past five years. Its chief commissioner Tan Sri Azam Baki said the commission had also successfully forfeited assets valued at nearly RM28 billion during the same period. He said the amount included assets worth about RM183 million seized during raids on smuggling syndicates under Op Metal. 'Also seized were real estate valued at RM620 million in the investigation into the fibre network development project, as well as cash, luxury cars and bank accounts totalling RM36 million in a case involving the embezzlement of highway construction funds. 'MACC also seized luxury assets worth RM32 million from the residence of a 'Tan Sri', including 217 luxury watches and 27 designer handbags,' he said in a statement today. In addition, he said the MACC's Anti-Money Laundering (AML) Division is currently managing 41 immovable properties, including land and buildings, that are still awaiting disposal. Azam described the operations as clear evidence of the MACC's proactive approach in detecting, investigating and taking firm action against those involved in corruption and money laundering. 'This figure is not just a statistic, but reflects the extent of the MACC's commitment to recovering assets from criminal proceeds for the country,' he said. He added that such efforts would not only restore revenue to the nation but also strengthen public confidence in the country's enforcement agencies. — Bernama
Malay Mail
3 days ago
- Malay Mail
MACC seeks Mindef reports in probe on senior military officers' smuggling links
KUALA LUMPUR, Aug 14 — The Malaysian Anti-Corruption Commission (MACC) will seek additional information from the Ministry of Defence (MINDEF) to complete its investigation into three serving and two former senior military officers allegedly linked to a smuggling syndicate in the southern region of the country. MACC chief commissioner Tan Sri Azam Baki said the information, including reports classified as confidential, is expected to aid investigations into activities believed to be occurring mainly in the waters of the Straits of Melaka off Melaka and Johor. 'I would like to thank the Chief of Defence Force for supporting the MACC and facilitating our investigation. 'We will also approach the Ministry of Defence to obtain additional information, including some confidential reports,' he told reporters during the MACC Chief Commissioners' Roundtable Conference here today. He said the three serving senior officers and two former military officers, from the army and navy, were arrested under operations codenamed 'Op Sohor' on suspicion of acting as 'enablers' in the smuggling activities. Yesterday, the media reported that 10 individuals, including three serving and two former senior military officers aged between 30 and 55, and an Indonesian national, were arrested around the Klang Valley through 'Op Sohor'. The operations were conducted by the MACC Intelligence Division in collaboration with the Anti-Corruption Tactical Squad (ACTS) team, starting at 6.30 am. All suspects were brought to the Putrajaya Magistrate's Court today for a remand application under Section 16(a)(B) of the MACC Act 2009. — Bernama
The Sun
10-07-2025
- Business
- The Sun
MACC probes firm for suspected milk powder tender price manipulation
KUALA LUMPUR: A company supplying milk powder is being investigated by the Malaysian Anti-Corruption Commission (MACC) for suspected manipulation of tender prices by between 10 and 50 per cent depending on the zone, apart from monopolising the market in supply contracts to a government department. According to sources, the company, owned by a married couple with their sons as the main shareholders, is believed to have been involved in supplying products worth RM120 million that did not meet the standards of the Standards and Industrial Research Institute of Malaysia (SIRIM). 'The focus of the investigation is on tax issues, corruption and monopoly practices in the supply of milk powder tenders to a government department. 'The investigation is also looking into the ownership of the company, including the network of other distributors that play a role in the milk powder supply chain,' according to the source. Sources said so far 75 accounts have been frozen involving 24 individual accounts and 51 company accounts with a total value of RM174.6 million. 'Various documents involving the milk powder supply contract and financial documents were also seized, including mobile phones and laptops to enable further investigations to be carried out,' he said. Sources said so far 10 witnesses have been called to give statements to MACC, while another son of the couple who own the company is expected to appear at the MACC office next Tuesday or Wednesday. 'There have been no new arrests so far, but investigations are still continuing, including against the management of a government department that are directly involved in the milk powder supply contract,' he said. The media yesterday reported that three family members suspected of being the mastermind behind a milk supply tender monopoly for a government department over the past two decades were arrested under Op White here, last Tuesday. MACC chief commissioner Tan Sri Azam Baki reportedly said the family was suspected of being the mastermind behind a RM120 million milk powder supply cartel involving a government department. He said all the premises raided were suspected of storing all documents related to milk powder supply contracts since 2019 following MACC's investigation into two owners and a director of a milk powder supplier company that is believed to not meet SIRIM's standards. The investigation is being conducted under Section 16 of the MACC Act 2009 in addition to identifying criminal elements under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLATFPUAA). – Bernama
Malay Mail
01-07-2025
- Business
- Malay Mail
MACC's Ilham Tower forfeiture bid to be heard Aug 6 at KL High Court
KUALA LUMPUR, July 1 — The mention of the Malaysian Anti-Corruption Commission's (MACC) forfeiture application for Ilham Tower, owned by the family of the late Tun Daim Zainuddin, has been fixed for Aug 6 at the Kuala Lumpur High Court. In a statement, the MACC said the application was filed on May 25 under Section 56 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act. The statement further noted that the MACC will engage with enforcement authorities in the United States to obtain legal assistance in initiating proceedings against assets linked to Daim, his wife, Toh Puan Nai'mah Abdul Khalid, and their proxies within that jurisdiction. On June 25, MACC Chief Commissioner Tan Sri Azam Baki confirmed that the Commission had filed a forfeiture application in respect of the 60-storey building, which forms part of the latest series of assets identified for forfeiture proceedings involving the former finance minister, Nai'mah, and several of their proxies in Malaysia. — Bernama
Malay Mail
29-06-2025
- Politics
- Malay Mail
Two Sabah reps, businessman to face graft charges tomorrow over mining licence scandal
KOTA KINABALU, June 29 — Two state assemblymen and a businessman arrested by the Malaysian Anti-Corruption Commission (MACC) under Ops Adun, are reportedly scheduled to be charged tomorrow. New Straits Times wrote that the Sabah MACC said the trio are expected to be charged at the Special Corruption Court here at about 9am. They will face a total of four charges under the MACC Act 2009. Two of the charges will be brought under Section 16(b)(A) of the Act for offering bribes, while the other two will be under Section 16(a)(A) for accepting bribes. So far, 15 politicians have been implicated in corrupt activities between 2023 and 2024, in exchange for assistance in processing mineral exploration licence applications. Earlier this month, MACC said it would charge two Sabah assemblymen and a civilian in court this month over a corruption scandal involving the mining licences. MACC chief Tan Sri Azam Baki told reporters that the individuals were in the process of being arrested and notified about their court dates.
