MACC confirms it is investigating alleged RM2.5bil money laundering scheme


KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) says it is investigating an alleged RM2.5bil money-laundering scheme involving IJM Corporation Berhad.

It is learnt that the MACC is also probing suspected manipulation of the company's share price.

ALSO READ: IJM confirms MACC, IRB presence at office

Sources said two persons of interest have been identified – a senior member of the company's management who holds a "Tan Sri" title and a company adviser. Both are believed to be overseas.

Investigators are currently gathering further information related to the allegations, sources added.

When contacted, MACC chief commissioner Tan Sri Azam Baki confirmed that an investigation into the company is underway.

The probe follows an investigation by the United Kingdom's Serious Fraud Office (SFO) into suspected money laundering and corruption.

 

 

 

 

 

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