Malaysia

MACC: Chief Commissioner fully complied with applicable asset declaration requirements

It was earlier reported that Tan Sri Azam Baki had emerged as a substantial shareholder in a listed financial services firm, based on recent corporate filings.

Updated 7 months ago · Published on 10 Feb 2026 5:41PM

MACC: Chief Commissioner fully complied with applicable asset declaration requirements
MACC said the report contains misleading statements and unfounded allegations, and affects the image and reputation of the officer concerned. - February 10, 2026

THE Malaysian Anti-Corruption Commission (MACC) said a recent media report concerning its Chief Commissioner contains misleading statements and unfounded allegations, and affects the image and reputation of the officer concerned.

In a statement today, the anti-graft body said the report also unjustifiably associates MACC with allegations of wrongdoing, which may undermine public confidence in the Commission.

“MACC wishes to clarify that asset declaration by public officers is subject to established governance and administrative procedures under the public service framework and is made through official channels to the relevant authorities.

“In this regard, the Chief Commissioner of MACC has fully complied with the applicable asset declaration requirements.

“These include declarations made via the Human Resource Management Information System (HRMIS) to the Public Service Department (JPA) in respect of sources of income as well as the acquisition and disposal of assets, including shares.”.

MACC said any portrayal suggesting a failure to declare assets is factually incorrect and creates a misleading impression of the integrity and governance framework governing MACC and the public service.

“This unfairly and detrimentally reflects on the Commission as a law enforcement agency.

“MACC remains committed to upholding trust, integrity and transparency in the discharge of its statutory duties and will not compromise in the face of any attempt to undermine the credibility and public confidence in the Commission through inaccurate and irresponsible reporting,” it added.

It was earlier reported that Tan Sri Azam Baki had emerged as a substantial shareholder in a listed financial services firm, based on recent corporate filings.

Filing by Velocity Capital Partner Bhd with the Companies Commission of Malaysia showed Azam holding 17.7 million shares in the company. Based on current market prices, the stake is valued at close to RM800,000.

Records available through the commission’s database indicated that Azam’s name continues to appear on the company’s register of shareholders as of the most recent update.

It is unclear when the shares were acquired, as Velocity Capital has yet to file its latest annual return for the current year, said the report. – February 10, 2026

Related News

Malaysia / 1d

2006 policy may force tuition centres to possess 30% Bumi equity

Malaysia / 2d

Abdul Azeez and children ordered to declare assets within a month

Malaysia / 2d

Najib’s house arrest does not end other legal battles, MACC probe to continue

Malaysia / 1w

Former minister to face MACC charges tomorrow

Malaysia / 1w

RCI TH: MACC to charge former minister on Monday

Malaysia / 1w

No senior UMNO leaders to be arrested after PAU – MACC

Spotlight

Malaysia

'H1' hits RM10.7 million in H-series registration number bidding

Malaysia

Anwar’s China visit puts Malaysia’s technology, skills and connectivity plans in focus

Malaysia

Ten former Bar Council presidents affirm Tuanku Muhriz as rightful Yang di-Pertuan Besar of Negeri

Malaysia

Ismail Lasim’s continuous shifting stances leave Negeri administration in deeper bind

Malaysia

Loke’s resignation will be huge loss to the people, says Guan Eng

By Ian McIntyre

Malaysia

Attorney-General: Najib house arrest still pending RM50m fine payment

Malaysia

Rosmah Mansor: Overseas friends offer donations to help Najib pay RM50m fine

World

Thai woman found strangled in suitcase in Taiwan office freezer

You may be interested

Malaysia

Calls grow for arrest of Nadzaruddin, Exco, for treason

Malaysia

Woman dies after rafting boat overturns at Sungai Pertak rapid

Malaysia

Najib and the RM50 million question

By Vinod Sekhar

Malaysia

Loke to complete China visit before handling transport minister resignation - MOT

Malaysia

Unhealthy air quality hits 23 areas as haze spreads across Malaysia

Malaysia

Attorney-General: Najib house arrest still pending RM50m fine payment

Malaysia

Najib’s RM50m fine: Grassroots feel money could be put to better use for the rakyat

Malaysia

Absence of progress, PH tells BN to declare stand on Melaka poll cooperation