PUTRAJAYA: A total of 20 bank officers are expected to be charged in connection with a syndicate involving corruption and money laundering linked to the approval of RM700mil in loans for civil servants.
Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Tan Sri Azam Baki said the bank officers will be charged either by the end of this month or early October.
"The charges will be filed under the MACC Act as part of the agency’s ongoing Ops Sky investigation," he told reporters at the MACC headquarters on Tuesday (Sept 9).
Azam said investigators have also secured an agreement to recover RM250mil in cash tied to the case.
It was previously reported in February that the MACC was finalising its investigation into Ops Sky.
Azam had said the probe was expected to conclude within a month, after which the findings would be submitted to the deputy public prosecutor.
In January, Ops Sky led to the arrest of more than 10 individuals and the seizure of 4,000 documents, with 98 bank accounts frozen, amounting to over RM17mil.
