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

Haze: 37 areas with unhealthy API readings as of 8am
Fahmi:�Youth must appreciate sacrifices of past generations
Mustapha: Sabah, S’wak seat increase respects MA63 spirit
Lung issues among top silent killers
Speaker rules out no-confidence motion against Negri MB
MACC and Thai agency join forces against graft
Open fires surge dramatically nationwide this year
Najib pardon call based on rule of law, says Anwar
Better access with no cap on number of MV15 inspection centres
24-hour monitoring proposed for Menora slope

Others Also Read