THE Malaysian Anti-Corruption Commission (MACC) has intensified its investigation into an international law firm over its alleged involvement in financial transactions suspected to be linked to illicit proceeds from 1Malaysia Development Berhad (1MDB).
According to sources, the commission is seeking additional information in relation to the long-running 1MDB case, including several ongoing investigations currently being handled by the MACC.
The law firm is alleged to have played a role in the misappropriation of approximately US$1 billion involving 1MDB funds.
Of that amount, about US$700 million is believed to have been diverted to an offshore entity that was beyond the control of 1MDB, the source said.
In connection with the probe, the MACC is also investigating and gathering further information on Tang Keng Chee, also known as Casey Tang, the former Executive Director of Business Development at 1MDB.
He is believed to have links to funds suspected to have been misappropriated in relation to the 1MDB case, according to the source.
“The investigation was initiated based on intelligence and information obtained through meetings and discussions with several countries, particularly involving cross-border financial transactions and the role of professional parties in dealings related to 1MDB,” the source added.
Sources said the MACC is also working to obtain further information on several other individuals who are currently within the scope of its investigations, as part of efforts aimed at asset recovery for the country. – December 18, 2025
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