MACC expands IJM probe to Sunway deal


PUTRAJAYA: Several issues involving IJM Corporation Bhd are being investigated, including a suspected money laundering case and allegations linked to a project and a share acquisition by Sunway Group, says anti-graft authorities.

Malaysian Anti-Corruption Commission chief commissioner Tan Sri Azam Baki said his agency is cooperating with the United Kingdom’s Serious Fraud Office (SFO) over a suspected money laundering case involving RM2.5bil believed to have been invested in Britain.

“We are also sharing information with the SFO as part of the investigation,” he said at a press conference.

Azam said MACC is also investigating allegations of bribery linked to a project involving the company.

“We have taken a number of statements but there are still many aspects that need to be investigated in this matter,” he added.

Azam also said that the MACC had opened another investigation into the takeover of IJM shares by Sunway Group, focusing on possible issues of governance, abuses of power and corruption.

“The matter has attracted the commission’s attention as it involves public funds, as several government-linked companies hold significant shares in IJM,” he said.

On another matter, Azam said only one of the four children of the late Tun Daim Zainuddin has contacted the MACC after notices were issued for them to present themselves to assist investigations in Ops Godfather.

“Only one of the children has answered the notice, while the other three could not be traced. We have contacted their lawyers to get in touch with them as soon as possible,” he said.

On Feb 28, the MACC issued a statement looking for four children of Daim – Asnida, Md Wira Dani, Muhammed Amir Zainuddin and Muhammed Amin Zainuddin.

Azam said the commission is working closely with authorities from the countries involved as the process must comply with their respective laws under the Mutual Legal Assistance (MLA) framework.

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IJM , Sunway , takeover , Britain , MACC , Tan Sri Azam Baki

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