3 days ago
- Business
- Free Malaysia Today
MACC records statement of ‘Datuk' in scrap metal smuggling probe
The businessman is being investigated by MACC in connection with a suspected large-scale smuggling syndicate operating across five states.
PETALING JAYA : The Malaysian Anti-Corruption Commission (MACC) has recorded a statement from a businessman with a 'Datuk' title as part of an ongoing investigation into allegations of scrap metal smuggling.
An MACC source said the man had been overseas since July 12 and had returned to Malaysia last night, Utusan Malaysia reported.
'He came to the MACC headquarters to have his statement recorded. The process is still ongoing,' the source was quoted as saying.
The businessman is among several individuals being investigated in connection with a suspected large-scale smuggling syndicate operating across five states.
The anti-graft agency has so far seized assets estimated to be worth over RM183 million, including eight properties in Penang, six luxury vehicles, and five branded watches believed to be owned by the 'Datuk'.
MACC has also frozen 45 company accounts and 82 personal bank accounts involving funds totalling RM51 million.
Investigations are being carried out under Sections 16 and 18 of the MACC Act 2009. Authorities are also probing possible offences under the Income Tax Act 1967, the Customs Act 1967, and anti-money laundering laws.
