Latest: Corruption and Money Laundering.
MACC to freeze, seize and forfeit ill-gotten wealth from corruption.
PUTRAJAYA: Stern measures including freezing, confiscating and forfeiting properties acquired by corrupt practices and abuse of power will be enforced more aggressively to combat corruption in the country. The new Malaysian Anti-Corruption Commission (MACC) Chief Commissioner, Datuk Dzulkifli Ahmad said the actions would be carried out by using its existing enforcement power and capabilities. “Among the actions which could be taken are with the provisions of the Malaysian Anti-Corruption Commission Act 2009, the Anti-Money Laundering Act (AMLA),
Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001,” he said in an exclusive interview with BERNAMA on Saturday. “In my view, the main factor driving the growing corruption is greed among those vested with power and position regardless of how high or low the posts they hold. “The motivation for them to get involved in corruption is property and money, so MACC will ensure whatever acquisitions made from income of corrupt and abuse of power means will be frozen and seized by and forfeited to the government, and not just by bringing them, to face justice in court,” he said. Dzulkifli said to ensure the action was more effective, the freezing of properties could be carried out even if the person was just a suspect and the case was still under investigation.
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MACC to freeze, seize and forfeit ill-gotten wealth from corruption.
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| Zulkifli the newly appointed Chairman of Malaysian Anto Corruption Commission. |
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| All wealth, money, and asset acquired from ill-gotten sources will be confiscated by the MACC especially with money laundering and corruption. |
PUTRAJAYA: Stern measures including freezing, confiscating and forfeiting properties acquired by corrupt practices and abuse of power will be enforced more aggressively to combat corruption in the country. The new Malaysian Anti-Corruption Commission (MACC) Chief Commissioner, Datuk Dzulkifli Ahmad said the actions would be carried out by using its existing enforcement power and capabilities. “Among the actions which could be taken are with the provisions of the Malaysian Anti-Corruption Commission Act 2009, the Anti-Money Laundering Act (AMLA),
Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001,” he said in an exclusive interview with BERNAMA on Saturday. “In my view, the main factor driving the growing corruption is greed among those vested with power and position regardless of how high or low the posts they hold. “The motivation for them to get involved in corruption is property and money, so MACC will ensure whatever acquisitions made from income of corrupt and abuse of power means will be frozen and seized by and forfeited to the government, and not just by bringing them, to face justice in court,” he said. Dzulkifli said to ensure the action was more effective, the freezing of properties could be carried out even if the person was just a suspect and the case was still under investigation.
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