MACC opens IP on mega RM1.1b government deal
THE Malaysian Anti-Corruption Commission has opened an investigation paper regarding an agreement between the Malaysian Government and a foreign firm estimated to be worth RM1.1 billion.
This follows several complaints made by several Non-Governmental Organizations regarding the agreement, which was said to have been made in a hurry and biased manner to the extent of impacting the Government.
According to sources, based on complaints and documents submitted by several parties, the MACC also obtained several documents related to this agreement on February 13, 2026, from the Ministry of Economy.
The source added that this case is related to the issue of government fund leakage involving a large allocation of RM1.1 billion. Based on initial information, this proposal was allegedly not approved by the Ministry of Finance (MOF) and the Ministry of International Trade and Industry (MITI), but this agreement was signed in a hurry.
This matter will be confirmed through the testimony of the main witnesses involved.
At the same time, several individuals are said to have been given high positions in the company after leaving the Ministry involved. This is also a conflict-of-interest issue and deserves attention.
Several witnesses, including the Secretary General of the Ministry, will be called for an explanation on how the agreement was implemented.
MACC Deputy Chief Commissioner (Operations), Datuk Seri Ahmad Khusairi Yahaya, when contacted, confirmed the matter but refused to comment further.– February 16, 2026
