The Malaysian Anti-Corruption Commission (MACC) has frozen 16 company bank accounts and 25 individual bank accounts involved in an investigation into tyre smuggling and the forgery of tyre import and export documents.
The agency provided this latest update after conducting seizures through “Op Grip” on September 29, 2025.
In this latest seizure, the MACC, via the Malaysian Agency Enforcement Task Force (MATF), also seized four immovable assets valued at approximately RM13 million. The total amount in the frozen bank accounts is estimated to be up to RM70 million.
In this development, MACC Deputy Chief Commissioner (Prevention) Datuk Azmi Kamaruzaman said the MACC has now opened a governance investigation paper related to the case.
“The Governance Investigation Division (BPT) will conduct a documentary investigation related to the procurement of the tyres, as these tyres were found to be unregistered and there are elements of smuggling or illegal importation which could pose consumer safety risks,” he said here today.
BH yesterday reported that the MACC froze and seized a total of assets worth RM83 million in “Ops Grip,” involving an investigation into tyre smuggling that has resulted in hundreds of millions of ringgit in government tax losses.
Among the assets frozen were private bank accounts and company accounts, with the total estimated amount being RM70 million.
Other assets seized, on suspicion of being acquired through money laundering activities, include six plots of land used as sites for warehouses/containers valued at RM4.5 million and two units of two-storey terrace houses with an estimated value of RM2 million.
Also seized was one unit of a townhouse with an estimated value of RM2 million and one unit of a four-storey shoplot valued at RM4 million.
