The Malaysian Anti-Corruption Commission (MACC) seized cash amounting to RM1.9 million, two luxury cars worth RM900,000, and bank accounts valued at RM34 million in an investigation into false claims and misuse of loan bonds for the construction of a highway in the Klang Valley.
MACC Chief Commissioner Tan Sri Azam Baki stated that the commission had opened three investigation papers when the probe began on May 9.
“We have opened three investigation papers: the first involves false claims amounting to RM361 million linked to sukuk funds. The second investigation concerns false claims of RM416 million in sukuk funds and RM50 million in bank loans. The third case involves soliciting and accepting bribes worth approximately RM12 million from several parties,” he said.
Azam added that MACC had arrested nine individuals, including one with the title “Datuk Seri,” while 31 others had their statements recorded.
“Generally, this case involves the misuse of sukuk funds provided by lenders or those issuing the bonds,” he explained.
Last month, four individuals, including a ‘Datuk Seri,’ were detained on suspicion of making false claims worth around RM360 million.
The suspects—three men and one woman, aged between 50 and 70—were arrested while giving statements at the MACC office between 4 PM and 6 PM yesterday.
Initial investigations revealed that the suspects allegedly committed the offences between 2016 and 2017.
All four are suspected of submitting false claims worth approximately RM360 million using sukuk funds for a RM1.3 billion highway construction project in the Klang Valley.
