MACC to recover RM12mil linked to probe into O&G company


PUTRAJAYA: The Malaysian Anti-Corruption Commission (MACC) will recover about RM12mil believed to be linked to its investigation into oil and gas solutions provider Sapura Energy Bhd.

MACC chief commissioner Tan Sri Azam Baki said the recovery move was made with the agreement of the deputy public prosecutor (DPP).

“The parties involved have agreed to the recovery, and the funds will be forfeited and returned to the government soon.

“Separately, the DPP will also decide whether charges should be brought against any party,” he told a press conference at MACC headquarters on Tuesday (Sept 9).

Azam revealed that two cases involving Sapura Energy were investigated by the commission in 2018.

"One of the cases involves overseas assets, and that investigation is still ongoing,” he added.

In March this year, MACC opened two investigation papers over allegations of bribery and misappropriation involving Sapura Energy.

The cases were initiated following initial findings by the anti-graft agency at the end of 2023, which involved claims made against the company.

The commission confirmed that the probes were related to money laundering and misappropriation dating back to 2018, when the company was still known as Sapura Kencana Petroleum Berhad.

To date, MACC has recorded statements from 15 witnesses but no arrests have been made.

 

 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MACC , Azam Baki , Recover , Graft , Oil and Gas , Investigations

Next In Nation

Hot weather: Perak closely monitors main dams
Sabah civil society groups call for transparency on undocumented population
Diesel smuggling ring busted in Penang, RM327,000 in seizures
Umno welcomes PM's priority on people's welfare over GE16, says sec-gen
Heated exchange erupts between Sungai Buloh, Pasir Gudang MPs at Johor PKR convention
Jamawi urges Sabah farmers to switch to compost fertiliser
Malaysia's diplomatic efforts during Iran war should be given credit, says Anwar
Global energy crisis: Perikatan has no issue with talks, but don't make it a token invite, says Muhyiddin
Childcare centres urged to halt outdoor play as heatwave persists
Housewife claims trial to eight cheating charges over RM173,500 jewellery scam

Others Also Read