The Malaysian Anti-Corruption Commission (MACC) seized approximately RM5 million in foreign currency during a raid on a Petaling Jaya apartment as part of an ongoing investigation into corruption linked to sand mining concessions. The MACC had previously arrested two individuals, including a former senior executive of Selangor Menteri Besar Incorporated (MBI), in connection with this case.
: The Malaysia n Anti-Corruption Commission seized approximately RM5 million in foreign currency during a raid on a Petaling Jaya apartment as part of an ongoing investigation into corruption linked to sand mining concessions.
MACC chief commissioner Tan Sri Azam Baki confirmed that the investigation is in its early stages and is being conducted under Section 16 of the MACC Act 2009. The apartment, reportedly rented by a businessman to store bribe money, was searched at 10pm where the search has uncovered SG$1,529,000, equivalent to around RM5.5 million.
The funds, allegedly intended for political activities, have been seized by the MACC for further investigation.
Corruption Sand Mining Bribery MACC Malaysia
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