PUTRAJAYA: The Malaysian Anti-Corruption Commission (MACC) has seized assets worth RM9.7 million, including luxury vehicles and property, as it deepens a probe into the alleged misappropriation of RM300 million in investment funds.
Sources said the seizures involve six houses valued at RM6.54 million, a RM1.8 million plot of land, and two luxury cars worth RM1.35 million.
This comes after the commission announced it had frozen 14 bank accounts, with the total balance currently being verified by financial institutions.
Separately, the source said a woman with a “Datuk” title was released on bail yesterday afternoon after five days in remand.
Today, a “Tan Sri” who had been held since Jan 22 was freed at noon.
MACC chief commissioner Tan Sri Azam Baki confirmed the latest developments, adding that investigators have recorded statements from 10 witnesses.
“We are actively identifying other witnesses to complete the investigation,” he said, adding that the commission is committed to expediting the probe due to significant public interest.
The investigation centres on the alleged diversion of nearly RM300 million collected from about 1,700 investors between 2021 and 2024.
The funds, intended for two specific companies, were allegedly spent for purposes not disclosed in the investment agreements.
MACC raided five premises across the Klang Valley on Wednesday and Thursday.
© New Straits Times Press (M) Bhd
