KUALA LUMPUR : The Malaysian Anti-Corruption Commission (MACC) is set to summon a Tan Sri for questioning in connection with the alleged misappropriation of sukuk funds tied to a major highway project in the Klang Valley.
The individual, believed to be a highway concessionaire, has recently been discharged from a private hospital, where he was undergoing treatment. The MACC has confirmed that he is also being investigated for offshore asset holdings and involvement in gambling activities valued in the millions of ringgit.
MACC Chief Commissioner Tan Sri Azam Baki, speaking to Astro Awani on Saturday, stated that the individual has yet to provide a statement due to his recent medical condition. “A statement has not yet been recorded from the Tan Sri, but I have been informed that doctors have recently allowed him to be discharged. My officers will be contacting him soon to arrange an appointment,” Azam said.
Although the individual is a key witness in the investigation, MACC has already obtained statements from 45 other witnesses, some of whom have been recalled for further questioning. Azam noted, “He is indeed one of the individuals we have yet to question, but we already have testimonies from other witnesses. I cannot confirm whether additional witnesses will be required after his statement.”
Sources confirmed that prior to arranging an interview, MACC had secured a medical assessment from the Tan Sri’s attending doctor to verify his condition.
The investigation focuses on the suspected misappropriation of sukuk bonds allocated for the construction of the highway. On 3 June last year, MACC revealed that it had seized assets valued at approximately RM143 million from the individual in question.
The assets confiscated include luxury vehicles and properties located both domestically and abroad, with holdings in London and Switzerland among them. Among the seized items are 14 personal bank accounts containing RM4.5 million, eight corporate accounts with RM33 million, a luxury condominium and a parcel of land valued at RM24.5 million, as well as nine high-end vehicles worth RM7.65 million.
In addition, authorities seized designer watches valued at RM25 million, handbags worth RM3 million, jewellery and diamonds estimated at RM6 million, and four horses valued at RM400,000. Other confiscated assets include premium alcoholic beverages worth RM3 million, foreign holdings estimated at over RM15 million, and gambling-related transactions amounting to approximately RM20 million.
A formal notice to declare assets has already been issued to the Tan Sri and other related parties as part of the ongoing investigation.
-The Star
