Malaysia

RM1b investment fraud: Former minister among those questioned by MACC

MACC chief commissioner Tan Sri Azam Baki said investigators had called in those individuals from several government agencies and obtained key documents linked to the case.

Updated 4 months ago · Published on 04 Mar 2026 3:40PM

RM1b investment fraud: Former minister among those questioned by MACC
Azam said one individual, currently overseas, has been classified as wanted in connection with the investigation. - March 4, 2026

A FORMER minister and a former secretary-general of a ministry are among 12 individuals who have given statements to the Malaysian Anti-Corruption Commission (MACC) over the alleged misappropriation of RM1.11 billion investment.

MACC chief commissioner Tan Sri Azam Baki said investigators had called in those individuals from several government agencies and obtained key documents linked to the case.

“We have secured important documents from the relevant agencies and ministries...we are also examining the Cabinet paper (related to the case) and are in the process of calling other witnesses,” he told a press conference today as reported by Bernama.

Azam said one individual, currently overseas, has been classified as wanted in connection with the investigation.

“We have issued a notice through the media urging him to return to Malaysia to have his statement recorded. So far, there has been no response,” he said, adding that the suspect is believed to be in the United Kingdom.

Azam also urged the public to remain patient pending the outcome of the investigation, assuring that the process would be conducted transparently and fairly.

Before this, MACC confirmed receiving a report alleging misappropriation of RM1.11 billion investment involving a former senior minister.

Deputy Chief Commissioner (Operations) Datuk Seri Ahmad Khusairi Yahaya said the commission would scrutinise the report to determine whether elements of corruption, criminal breach of trust or abuse of power had been committed under the Malaysian Anti-Corruption Commission Act 2009.

He said follow-up action would include reviewing documents and evidence submitted before further investigations proceed, in line with the commission’s commitment to integrity and transparency. – March 4, 2026

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