MACC probing KWAP's RM200mil loss from investment in Indonesian company


PUTRAJAYA: The Malaysian Anti-Corruption Commission (MACC) has launched an investigation into Retirement Fund (Incorporated)'s (KWAP) loss of RM200mil from its investment in Indonesian aquaculture technology company E-Fishery.

Its chief commissioner Datuk Seri Abd Halim Aman said the MACC formed a special investigation team on July 17 to examine the matter comprehensively.

"We have started the investigation and we will thoroughly scrutinise all aspects of the reported investment losses.

"The investigation will be carried out fairly, transparently and in accordance with existing laws.

He urged the public to refrain from speculating on the case, saying this could create confusion and undermine the integrity of the investigation.

 

 

 

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