logo
Sukuk misuse case: MACC at Tan Sri's house for third round of questioning

Sukuk misuse case: MACC at Tan Sri's house for third round of questioning

The Stara day ago

KUALA LUMPUR: Malaysian Anti-Corruption Commission (MACC) investigators are currently at the residence of the Tan Sri linked to a probe into the alleged misappropriation of sukuk funds meant for a highway project in the Klang Valley to record his statement on Thursday (June 19).
The area near the residence is guarded by auxiliary police, with cones placed to deter public access.
Previously, the MACC investigators recorded the statements of the Tan Sri on June 11 and 12.
MACC chief commissioner Tan Sri Azam Baki had said the highway concessionaire is a key witness in the investigation.
On June 3, the MACC disclosed it had seized assets worth around RM143mil in the probe, which centres on the alleged misappropriation of sukuk funds for a Klang Valley highway project.
Investigators are also tracing luxury vehicles and properties linked to the Tan Sri, including assets in London and Switzerland.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Govt Procurement Bill to bolster anti-graft measures
Govt Procurement Bill to bolster anti-graft measures

The Sun

time40 minutes ago

  • The Sun

Govt Procurement Bill to bolster anti-graft measures

PUTRAJAYA: The Government Procurement Bill, scheduled to be tabled in Parliament this year, is expected to strengthen punitive legal action against parties found guilty of offences related to government procurement. The bill also aims to establish a specific legal framework to regulate the government procurement process, in addition to detailing the powers of stakeholders and enhancing check-and-balance mechanisms to ensure good governance in line with international best practices. The proposal and draft structure of the bill were presented by the Government Procurement Division of the Ministry of Finance, led by its secretary Datuk Norison Ramli, during an engagement session with Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Tan Sri Azam Baki at the MACC headquarters here today. Norison said the MOF welcomes views and suggestions from the MACC, particularly on enforcement and the application of existing laws under the commission's jurisdiction. Azam expressed his support for the key points of the proposed bill, which he said align with the ongoing National Anti-Corruption Strategy (NACS). 'NACS is the best platform for the MACC to address weaknesses in the government procurement system, and we fully support this initiative,' he said.

Govt Procurement Bill to strengthen enforcement
Govt Procurement Bill to strengthen enforcement

The Sun

time40 minutes ago

  • The Sun

Govt Procurement Bill to strengthen enforcement

PUTRAJAYA: The Government Procurement Bill, scheduled to be tabled in Parliament this year, is expected to strengthen punitive legal action against parties found guilty of offences related to government procurement. The bill also aims to establish a specific legal framework to regulate the government procurement process, in addition to detailing the powers of stakeholders and enhancing check-and-balance mechanisms to ensure good governance in line with international best practices. The proposal and draft structure of the bill were presented by the Government Procurement Division of the Ministry of Finance, led by its secretary Datuk Norison Ramli, during an engagement session with Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Tan Sri Azam Baki at the MACC headquarters here today. Norison said the MOF welcomes views and suggestions from the MACC, particularly on enforcement and the application of existing laws under the commission's jurisdiction. Azam expressed his support for the key points of the proposed bill, which he said align with the ongoing National Anti-Corruption Strategy (NACS). 'NACS is the best platform for the MACC to address weaknesses in the government procurement system, and we fully support this initiative,' he said.

Govt Procurement Bill To Strengthen Enforcement
Govt Procurement Bill To Strengthen Enforcement

Barnama

time41 minutes ago

  • Barnama

Govt Procurement Bill To Strengthen Enforcement

PUTRAJAYA, June 20 (Bernama) -- The Government Procurement Bill, scheduled to be tabled in Parliament this year, is expected to strengthen punitive legal action against parties found guilty of offences related to government procurement. The bill also aims to establish a specific legal framework to regulate the government procurement process, in addition to detailing the powers of stakeholders and enhancing check-and-balance mechanisms to ensure good governance in line with international best practices. The proposal and draft structure of the bill were presented by the Government Procurement Division of the Ministry of Finance, led by its secretary Datuk Norison Ramli, during an engagement session with Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Tan Sri Azam Baki at the MACC headquarters here today.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store