The Malaysian Anti-Corruption Commission (MACC) has seized assets worth RM31.4 billion from corruption-related activities over the past five years.
Its chief commissioner Azam Baki said the commission also forfeited assets valued at nearly RM28 billion during the same period.
He said the amount included assets worth about RM183 million seized during raids on smuggling syndicates under Op Metal.
“Also seized was real estate valued at RM620 million in an investigation into a fibre network development project, as well as cash, luxury cars and bank accounts totalling RM36 million in a case involving the embezzlement of highway construction funds.
“MACC also seized luxury assets worth RM32 million from the residence of a ‘Tan Sri’, including 217 luxury watches and 27 designer handbags,” Bernama reported him as saying today.
Azam said MACC’s anti-money laundering division is currently managing 41 immovable properties, including land and buildings, that are still awaiting disposal.
