Isham Jalil lodges report against a high-profile individual's purchase of shares in Heitech Padu


KUALA LUMPUR: Former Umno supreme council member Isham Jalil has urged the police and Malaysia Anti Corruption Commission (MACC) to investigate Farhash Wafa Salvador's purchase of shares in a company that has been shortlisted for a government contract worth RM1bil.

Isham, who lodged a report at the Dang Wangi police headquarters on Thursday (March 21), said he read several news articles on March 18 stating that Farhash, who is also the former political secretary to Prime Minister Datuk Sri Anwar Ibrahim, through his investment company Rosetta Partners Sdn Bhd, bought shares amounting to 16.1 million units (estimated value of approximately RM40mil) of a company called Heitech Padu.

"Heitech Padu is a company shortlisted for a government contract worth RM1bil.

"Because the related project uses large government or public funds, and the above individual Farhash is a high-profile individual who has connections with government politicians, I am concerned if there are elements of violation of the law in the above transaction," he said in his police report.

He added that the violations could include Section 188 of the Capital Markets Act regarding inside information or any element of "undue influence" or influencing the government's procurement process.

"This is as stated in a story in The Straits Times (Singapore) entitled ‘Ex-aide of Malaysian PM Anwar takes major stake in a tech firm, raising governance concerns’ dated 17 March 2024," he said, adding that it might conflict with any section in Part IV of the MACC Act or government procurement regulations.

"I also request that the MACC issue a property declaration notice against Farhash in accordance with article 36(1)(a) of the MACC Act 2009," he said.

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

Next In Nation

KKB polls: PAS' absence on nomination day merely incidental, says Bersatu VP
Chegubard expected to be charged at KL Sessions Court April 29
Anwar meets Jordanian PM, emphasises need to support Palestine state recognition at UN
Parents against introduction of non-DLP class in Melaka schools
KKB polls: PRM launches a six-point manifesto
KKB polls: Multi-cornered fight will not affect Pakatan's strategy, says Gobind
MACC investigating claims state leader awarded contracts to son's company
Senior citizen now able to swim, thanks to ministry initiative
MACC getting info from German authorities on seized supercars
Panti Bird Sanctuary can help Johor tourism soar, says Ling Tian Soon

Others Also Read