MACC seizes luxury properties in highway funds probe


Photo: Sinar Harian

KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) seized six luxury residences and a plot of land owned by a “Tan Sri” in its investigation into the misappropriation of sukuk funds for highway construction in the Klang Valley.

A source stated that the seizure resulted from a raid by the MACC's investigation division involving properties valued at approximately RM12mil.

"During the raid, the MACC also discovered a thoroughbred horse worth hundreds of thousands of ringgit, believed to have been purchased using sukuk funds."

"As a result, the MACC has summoned the individual involved along with his wife for questioning, but only the woman appeared, as her husband reportedly has health issues," the Commission said in a statement on Friday (May 30).

It also mentioned that the MACC is expected to call between 30 to 50 witnesses to assist in the investigation.

The commission is continuing efforts to trace the assets owned by the Tan Sri and his wife both within and outside the country.

On Thursday (May 29), the media reported that the MACC seized various assets worth approximately RM32mil belonging to the same individual.

These included branded handbags, jewellery, luxury vehicles, watches, and cash.

During the operation, the MACC also found a storeroom in one of the residences used to store various luxury liquors estimated to be worth RM3mil, believed to be linked to money laundering activities.

The MACC's Strategic Communications Division stated that all items and assets were seized for further investigation under the MACC Act 2009 and the Anti-Money Laundering and Anti-Terrorism Financing Act (AMLA) 2001.

 

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