{"id":16230,"date":"2023-02-01T22:18:33","date_gmt":"2023-02-01T14:18:33","guid":{"rendered":"https:\/\/newmalaysiatimes.com\/?p=16230"},"modified":"2023-02-01T22:18:35","modified_gmt":"2023-02-01T14:18:35","slug":"macc-freezes-bank-accounts-of-bersatu-azam-baki","status":"publish","type":"post","link":"https:\/\/newmalaysiatimes.com\/?p=16230","title":{"rendered":"MACC freezes bank accounts of Bersatu – Azam Baki"},"content":{"rendered":"\n

KUALA LUMPUR, Feb 1<\/strong> — The Malaysian Anti-Corruption Commission (MACC) chief commissioner Tan Sri Azam Baki confirmed that several bank accounts belonging to the Bersatu party have been frozen to assist in an investigation.<\/p>\n\n\n\n

“An investigation is being conducted under the MACC Act 2009 and the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act,”<\/em> he told Bernama when contacted today.<\/p>\n\n\n\n

It is understood that that action is related to the MACC’s investigation into the alleged misappropriation of RM600 billion in funds used by the government when the country was dealing with the COVID-19 pandemic.<\/p>\n\n\n

\n
\"bersatu\"
Bersatu logo<\/figcaption><\/figure><\/div>\n\n\n

Azam\u2019s confirmation did not mention the MACC\u2019s ongoing investigations into the RM92.5 billion in economic stimulus funds that were allegedly misappropriated when Bersatu\u2019s chief Tan Sri Muhyiddin Yassin was prime minister.<\/p>\n\n\n\n

It had narrowed its probe from an initial RM530 billion in economic stimulus funds to RM92.5 billion after finding that only the latter amount involved government monies.<\/p>\n\n\n\n

Muhyiddin\u2019s PN administration had rolled out several economic stimulus packages totalling some RM600 billion to assist Malaysians during the Covid-19 pandemic. The packages also included bank loan moratoriums and Employees Provident Fund\u00a0withdrawals.<\/p>\n\n\n\n

On Dec 6, Azam said MACC had opened an investigation paper into the alleged misappropriation of the funds by the previous government.<\/p>\n\n\n\n

NMT<\/a> as reported by Bernama<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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