KUALA LUMPUR, Aug 15 (Bernama) — The Malaysian Anti-Corruption Commission (MACC) has seized assets worth RM31.4 billion from corruption-related activities over the past five years.<\/p>\n\n\n\n
Its chief commissioner Tan Sri Azam Baki said the commission had also successfully forfeited assets valued at nearly RM28 billion during the same period.<\/p>\n\n\n\n
He said the amount included assets worth about RM183 million seized during raids on smuggling syndicates under Op Metal.<\/p>\n\n\n\n
\u201cAlso seized were real estate valued at RM620 million in the investigation into the fibre network development project, as well as cash, luxury cars and bank accounts totalling RM36 million in a case involving the embezzlement of highway construction funds.<\/p>\n\n\n\n
\u201cMACC also seized luxury assets worth RM32 million from the residence of a \u2018Tan Sri\u2019, including 217 luxury watches and 27 designer handbags,\u201d he said in a statement today.<\/p>\n\n\n\n
In addition, he said the MACC\u2019s Anti-Money Laundering (AML) Division is currently managing 41 immovable properties, including land and buildings, that are still awaiting disposal.<\/p>\n\n\n\n
Azam described the operations as clear evidence of the MACC\u2019s proactive approach in detecting, investigating and taking firm action against those involved in corruption and money laundering.<\/p>\n\n\n\n
\u201cThis figure is not just a statistic, but reflects the extent of the MACC\u2019s commitment to recovering assets from criminal proceeds for the country,\u201d he said.<\/p>\n\n\n\n
He added that such efforts would not only restore revenue to the nation but also strengthen public confidence in the country\u2019s enforcement agencies.<\/p>\n\n\n\n
— BERNAMA<\/p>\n","protected":false},"excerpt":{"rendered":"
KUALA LUMPUR, Aug 15 (Bernama) — The Malaysian Anti-Corruption Commission (MACC) has seized assets worth…<\/p>\n","protected":false},"author":1,"featured_media":17354,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-17887","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crime"],"featured_image_urls":{"full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2024\/09\/sprm.png",716,556,false],"thumbnail":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2024\/09\/sprm-150x150.png",150,150,true],"medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2024\/09\/sprm-300x233.png",300,233,true],"medium_large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2024\/09\/sprm.png",640,497,false],"large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2024\/09\/sprm.png",640,497,false],"1536x1536":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2024\/09\/sprm.png",716,556,false],"2048x2048":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2024\/09\/sprm.png",716,556,false],"newsium-slider-full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2024\/09\/sprm.png",716,556,false],"newsium-featured":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2024\/09\/sprm.png",716,556,false],"newsium-medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2024\/09\/sprm-716x475.png",716,475,true]},"author_info":{"info":["Editor"]},"category_info":"Crime<\/a>","tag_info":"Crime","comment_count":"0","_links":{"self":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/17887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17887"}],"version-history":[{"count":1,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/17887\/revisions"}],"predecessor-version":[{"id":17888,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/17887\/revisions\/17888"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/media\/17354"}],"wp:attachment":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}