MACC seizes luxury properties in highway funds probe

MACC seizes luxury properties in highway funds probe

KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) seized six luxury residences and a plot of land owned by a "Tan Sri" in its investigation into the misappropriation of sukuk funds for highway construction in the Klang Valley.

MACC seizes RM85 mln in assets over alleged highway sukuk fund misuse

KUALA LUMPUR, May 31 — The Malaysian Anti-Corruption Commission (MACC) has seized and frozen assets and bank accounts worth an estimated RM85.6 million as part of an ongoing investigation into the alleged misuse of sukuk funds linked to a Klang Valley highway project. The probe centres on a concessionaire with the honorific title Tan Sri, suspected of diverting project financing for personal use. MACC chief commissioner Tan Sri Azam Baki said th…

RM85.6mil in assets seized so far in highway sukuk fund misuse, says Azam

MACC chief commissioner Azam Baki says investigators have yet to record a statement from a ‘Tan Sri’ linked to the case as he has been hospitalised.