Tuesday, August 16, 2016

3 civil servants held by MACC, assets of RM13m frozen

Latest: Corruption and Money Laundering.

3 civil servants held by MACCassets of RM13m frozen.

Azam Baki - Director of Investigation MACC
KUALA LUMPUR: Three public servants – one of them a “Datuk” and another a “Datuk Seri” – were detained today by the Malaysian Anti-Corruption Agency (MACC) for corruption, abuse of power andmoney laundering.
Its Director of Investigations, Azam Baki, said the three, serving in a government department, a local authority and a government-linked company respectively, were arrested in Kuala Lumpur, Malacca and Kelantan.
The three, in their 50s, were apprehended in a simultaneous operation conducted between noon and 2 pm, he said in a statement.
“Following their arrests, the accounts of the three individuals amounting to more than RM13 million have been frozen, comprising savings accounts and unit trusts worth between RM1 million and RM6 million of each of the three arrested.
“Also sealed were several luxurious condominium units, including penthouses, bungalows and posh cars like Maserati, BMW and Audi, believed to be from the proceeds of corruption and money laundering,” said Azam.
He said cash amounting to about RM400,000 and several expensive watches were discovered in the operation...

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