THE Malaysian Anti-Corruption Commission (MACC) has confiscated and forfeited assets totalling billions of ringgit in its ongoing battle against corruption and financial crime, reaffirming its zero-tolerance stance against illicit wealth.
MACC Chief Commissioner, Tan Sri Azam Baki, revealed that the agency had seized more than RM31.4 billion in assets linked to criminal activities, with RM28 billion worth of property and funds forfeited during the same period.
“These assets were obtained through various investigation operations, including the major initiative Op Metal, which targeted a scrap iron smuggling syndicate and led to the seizure of assets valued at over RM183 million,” he said in a statement issued today.
Further notable seizures included RM620 million worth of properties linked to a fibre network project, and RM32 million in luxury items — comprising 217 designer watches and 27 branded handbags — taken from the residence of a titled individual.
“In a separate case involving the misappropriation of highway construction funds, the Commission seized more than RM36 million in assets, including cash, luxury vehicles, and bank accounts,” Azam added.
He emphasised that these enforcement efforts demonstrate MACC’s proactive approach in detecting, investigating, and taking firm action against individuals involved in corruption and money laundering.
“The seizure and forfeiture of assets are critical steps to ensure that criminals do not benefit from their illegal activities,” he said. “This, in turn, sends a clear message that crime never pays.”
Azam explained that a core function of the MACC’s Anti-Money Laundering (AML) Division is to recover and forfeit both moveable and immoveable assets obtained through criminal conduct.
To date, the AML Division is managing 41 immoveable assets still pending disposal.
“This action reflects MACC’s commitment to returning stolen assets to the state,” he stated. “Such efforts not only recover national wealth but also help to restore public confidence in the country's enforcement agencies.” - August 15, 2025
