Malaysia

Grateful Azam thanks Securities Commission for exonerating him

Sources in SC have said case against him to be closed, says MACC chief commissioner

Updated 4 years ago · Published on 18 Jan 2022 6:28PM

Grateful Azam thanks Securities Commission for exonerating him
Tan Sri Azam Baki’s response comes hours after the Securities Commission revealed its inquiry into his alleged abuses involving the ownership of company shares and warrants supposedly purchased by his brother had been inconclusive. – ALIF OMAR/The Vibes pic, January 18, 2022

KUALA LUMPUR – Embattled Malaysian Anti-Corruption Commission (MACC) chief commissioner Tan Sri Azam Baki has expressed his gratitude following the recent findings from the Securities Commission Malaysia (SC), effectively clearing him of any wrongdoing related to his share-trading.

In a statement released this evening, Azam said that following the SC’s findings, he was told the case against him would subsequently be closed. 

As such, he said, he would continue discharging his duties as MACC’s chief commissioner to combat corruption as usual. 

“Alhamdulillah, I have to express my gratitude towards the decision made by the SC that found no wrongdoing committed by me. 

“I was informed by those in the SC that investigations into the matter have been finalised. The SC has closed the file of that inquiry.”

Azam’s response comes hours after the SC revealed its inquiry into his alleged abuses involving the ownership of company shares and warrants supposedly purchased by his brother had been inconclusive

Azam, who has maintained his innocence, had said he was only answerable to the Anti-Corruption Advisory Board, and later insisted that only the Yang di-Pertuan Agong can end his tenure.  

The chief commissioner has recently been accused by opposition lawmakers of being in contempt of Parliament when they claimed Azam ignored their calls to present himself before the parliamentary select committee on agencies.

However, the PSC proceedings slated for tomorrow were later postponed as announced by Dewan Rakyat Secretary Nizam Mydin Bacha Mydin, which was made due to several issues that required prior legal advice from Parliament’s legal counsel office. – The Vibes, January 18, 2022

Related News

Malaysia / 48min

MACC opens seven investigation papers in FELDA, FIC cases

Malaysia / 1h

RCI TH: Former minister remanded for five days

Malaysia / 3h

RCI TH: MACC seeks remand of former minister

Malaysia / 18h

MACC arrests former minister over Tabung Haji RCI probe

Malaysia / 4d

Saravanan's letter will be referred to MACC, relevant authorities - PM Anwar

Malaysia / 5d

Saravanan charged with accepting bribe of nearly RM1.1 million

Spotlight

Malaysia

Four teenagers feared drowned at Tanjung Lompat

World

Thailand to halve visa-free stay to 30 days for 60 countries from Sept 15

Malaysia

Woman injured as concrete debris falls from George Town heritage building

Malaysia

Collision between tanker and ferry under investigation - PPC

By Ian McIntyre

Malaysia

Anwar’s six measures offer relief across the everyday economy

By Alfian Z.M. Tahir

Malaysia

Mahathir’s Merdeka appearance sparks social media debate

By Alfian Z.M. Tahir

You may be interested

Malaysia

Document proves Muhyiddin participated in golf event in 2020 – Witness

Malaysia

Anwar’s six measures offer relief across the everyday economy

By Alfian Z.M. Tahir

Malaysia

Family of three among four killed in 11-vehicle LPT crash

By Alfian Z.M. Tahir

Malaysia

KKDW’s rural road overspending triggers RM300m MOF bailout

Malaysia

Woman injured as concrete debris falls from George Town heritage building

Malaysia

Rosmah allowed to introduce fresh evidence in solar project appeal

Malaysia

Mahathir’s Merdeka appearance sparks social media debate

By Alfian Z.M. Tahir

Malaysia

Four killed, four injured in 11-vehicle Pahang highway crash