Malaysia’s anti-graft chief slams report over US$203,900 shareholding as malicious, misleading

Malaysian Anti-Graft Chief Returns to Stocks After Outcry

Malaysia’s anti-graft chief slams report over US$203,900 shareholding as malicious, misleading

Bloomberg reported on Tuesday (Feb 10) that Malaysian Anti-Corruption Commission (MACC) chief Azam Baki had owned 17.7 million shares in Velocity Capital Bhd worth RM800,000 (US$203,900). Azam said he bought the shares last year and disposed of them within the same year.

MCW: Reporting on MACC chief's shares misleading and risks public trust

KUALA LUMPUR: Malaysian Corruption Watch (MCW) has raised concerns over what it described as misleading reporting by a foreign media outlet regarding the asset declaration of Malaysian Anti-Corruption Commission (MACC) chief commissioner Tan Sri Azam Baki.

Malaysian anti-graft chief returns to stock market after outcry

KUALA LUMPUR: Malaysian anti-corruption chief Tan Sri Azam Baki held millions of shares in a financial-services company, a corporate filing shows, the first public disclosure of a major stake in his name since an uproar over his shareholdings several years ago spurred protests calling for him to step down.

Inside the MACC chief's penny stock foray

Yesterday, Bloomberg ran the scoop that MACC chief commissioner Azam Baki held 17.7 million shares in Bursa-listed moneylender Velocity Capital Partner Bhd.The newswire cited the company’s annual return filed with the Companies Commission (SSM), which lists all shareholders.Azam doesn’t surface on Bursa filings — despite Velocity Capital being listed — because he effectively owned around 1% of the firm, well below the disclosure threshold.Bloomb…

MACC Chief Defends RM800,000 Share Holdings, Says Sold Within Year

Subscribe to our FREE Newsletter, or Telegram and WhatsApp channels for the latest stories and updates. The Malaysian Anti-Corruption Commission (MACC) chief commissioner, Tan Sri Azam Baki, has responded to reports about his shareholding in a listed company, claiming he properly declared the RM800,000 stake and sold it “within the same year” of purchase in 2024. Speaking to the press, Azam said the declaration was made through the government’s …