MACC, UK fraud office probe IJM’s RM2.5bil overseas assets


PUTRAJAYA: Graft busters are working closely with Britain's Serious Fraud Office (SFO) in connection with the probe into IJM Corporation Bhd, involving financial transactions and overseas assets worth about RM2.5bil.

Malaysian Anti-Corruption Commission (MACC) chief commissioner Tan Sri Azam Baki said the SFO is also investigating the matter.

"We are now coordinating with them.

"There are certain procedures we have to follow in gathering evidence, but I don't think it will be a problem," he said during a special session with the media on Wednesday (Feb 11).

Azam said that while both agencies have their respective areas of investigation, they will cooperate closely.

"We are also in the midst of exchanging information with them (SFO).

"The process will take time, but we are optimistic about mutual benefits for both agencies," he added.

Regarding the matter that Tan Sri Krishnan Tan is actually a non-executive chairman, Azam said the MACC will investigate whether he has committed any wrongdoing, such as abusing company funds.

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SFO , IJM , Britain , Cooperation , MACC , Azam Baki

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