Malaysia

It wasn’t me: Rafizi says, dismissing claims of involvement in corporate mafia scandal

Former PKR deputy president dismisses allegations linking him to an alleged corporate scandal involving a claimed payment, as authorities and anti-corruption agencies respond to allegations

Updated 5 months ago · Published on 25 Mar 2026 11:57AM

It wasn’t me: Rafizi says, dismissing claims of involvement in corporate mafia scandal
Rafizi denies any involvement as businessman’s RM9.5 million claim sparks controversy - March 25, 2026

“It’s not me,” that was the brief response from Datuk Seri Rafizi Ramli amid growing controversy over allegations made by businessman Victor Chin Boon Loong over RM9.5 million paid out of a purported RM10 million demanded by a PKR MP to resolve a corporate mafia-related issue.

In a Facebook post, the former PKR deputy president responded with a touch of humour, suggesting that the only thing he had “received” during the Aidilfitri period was an increase in body weight rather than any cash, as alleged.

“But since I’m still in the festive mood, I will comment tomorrow instead,” Sinar Harian reported him saying.

Earlier, Victor Chin, in a 40-page document, detailed a chronology of events alleging that a PKR MP had sought RM10 million to settle a corporate mafia matter. He claimed he was only able to provide RM9.5 million initially.

He further alleged that the remaining RM500,000 was never handed over, as the matter was not resolved as promised.

The so-called corporate mafia allegations centre on claims that senior officials from the Malaysian Anti-Corruption Commission orchestrated intimidation campaigns and pressured executives and shareholders of listed companies to resign or divest their stakes at discounted prices to a network of connected businessmen.

In response, MACC issued a statement denying the allegations, describing them as an attempt to undermine the credibility of its investigations and enforcement actions against certain parties in the corporate sector.

The anti-graft agency stressed that the claims were unfounded and appeared to originate from an anonymous online blog lacking clear authorship or accountability.

Separately, on 16 March, police confirmed that several premises linked to Victor Chin in Kemensah and Sungai Long in Kajang were raided.

Inspector-General of Police Mohd Khalid Ismail was reported to have said that the raids, carried out jointly with the Securities Commission Malaysia, were conducted to assist investigations under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act.

In a separate statement, Victor Chin reiterated his appeal to Mohd Khalid to uncover the truth behind the alleged corporate mafia scandal. - March 25, 2026

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