KUALA LUMPUR: IJM Corporation Bhd clarifies that a limited number of the company's bank accounts have been temporarily restricted as part of an ongoing probe by graft busters.
The company said the affected accounts comprise less than 10 bank accounts belonging to IJM.
"We wish to clarify that these measures do not affect IJM’s day-to-day business operations.
"We are cooperating fully with the authorities in accordance with applicable laws and procedures," the company said in a statement Wednesday (Jan 21).
It added that it remains committed to upholding strong standards of corporate governance, transparency and integrity.
On Tuesday (Jan 20), the company had said its chairman Tan Sri Krishnan Tan met MACC officers and continues to cooperate fully with the authorities.
“Other IJM personnel who have been requested to provide information are also cooperating fully as part of the process,” it said.
The company refuted allegations of money laundering, stressing that since 2012, its UK investments have been funded primarily through facilities from Malaysian financial institutions and channelled to relevant project special-purpose vehicles in the UK.
The company said these investments were subject to its established business evaluation and internal governance processes.
It also dismissed reports suggesting it is linked to an investigation by the United Kingdom’s Serious Fraud Office (SFO), describing such claims as inaccurate.
