MACC revokes seizure orders over bank accounts of Rohas Tecnic unit, its officers


KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has revoked the seizure orders previously issued under Section 50(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA) in respect of all the bank accounts of Rohas Tecnic Bhd’s subsidiary HG Power Transmission Sdn Bhd (HGPT).

The revocation orders also cover the personal bank accounts of HGPT’s current officer and former officers, said the maker of power transmission and telecommunication towers.

"Accordingly, all bank accounts that were previously subject to the seizure orders have been released and HGPT is free to resume normal operation of its banking facilities and business activities,” Rohas Tecnic said in a filing with Bursa Malaysia today.

To recap, Rohas Tecnic announced on Oct 17, 2025, that the company and subsidiaries HGPT and Rohas-Euco Industries Bhd (REI) respectively received freezing and seizure orders from the MACC pursuant to Section 44(1) and Section 50(1) of AMLA in respect of certain bank accounts held by them.

On Nov 26, 2025, both Rohas Tecnic and HGPT received revocation orders issued by the Deputy Public Prosecutor under Section 50(1) of AMLA. This came a day after REI received revocation orders issued by the MACC pursuant to Section 44A of AMLA. - Bernama 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

What is Unitree and why are China’s humanoid robot makers racing to list?
Intel launches US$15bil share sale as turnaround rally lifts stock
United Asiapac Energy IPO oversubscribed 21 times
MN Holdings secures RM122.31mil underground cable contract from TNB
Sheng Long invests RM140mil to build its first aquaculture food factory in Taiping
Ringgit steady vs US dollar as investors await key US data
Hup Seng records higher 2Q earnings
Inta Bina secures RM115.65mil construction contract
Hextar Portfolio makes RM0.43 per share takeover offer for Hextar Retail
Well Chip plans new pawnshops to drive growth

Others Also Read