Mara Corp to be probed by MACC after document leak

PETALING JAYA: The Malaysian Anti-Corruption Commission (MACC) will be starting an investigation into allegations of abuse of power and mismanagement into the Majlis Amanah Rakyat (Mara)'s investment holding company Mara Corp.

The commission said it had received a report on the issue and would be launching the investigation on Monday (Feb 7) by recording statements from several witnesses from Mara Corp.

"We take these allegations, of possible mismanagement involving several senior officers in Mara who are being investigated internally by Mara, seriously.

"The case will be investigated under Section 23(1) of the MACC Act 2009," it said in a statement on Saturday (Feb 5).

On Friday (Feb 4), Mara chairman Datuk Seri Azizah Mohd Dun said has begun further investigations into Mara Corp to review relevant documents to ensure that the company's management is always based on good governance.

She said this follows the unauthorised dissemination of internal administrative documents to the public, which has evoked a negative perception of Mara and its related subsidiaries.

"If there is any misconduct in the governance of subsidiaries under this agency, Mara will never compromise or protect any individual involved on the principle of upholding the value of integrity in carrying out the trust given," she said.