MACC probes former PM’s son for money laundering

By admin-s On May 24, 2023

The Malaysian Anti-Corruption Commission (MACC) is investigating the son of a former prime minister under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (Amla).

(FMT) – A source told Utusan Malaysia the son was called in for questioning at MACC’s headquarters in Putrajaya at 10am yesterday.

“He was called in by MACC again today,” said the source.

Separately, the source said MACC has not called in a former senior minister and a businessman with the “Tan Sri” title for further investigation after they were alleged to have embezzled more than RM2.3 billion worth of state funds.

The source said MACC was still studying documents related to the purchase and ownership of a listed company’s shares. The company was believed to have been led by the businessman.

“MACC is still investigating the duo’s assets to find out if they were bought using these embezzled funds,” said the source.

Last week, FMT reported that the anti-graft agency’s probe into the duo was related to the leaked Pandora Papers, which listed several prominent Malaysians as having links to offshore tax havens.

The Malaysians named in the Pandora Papers leak include former finance ministers Daim Zainuddin and Tengku Zafrul Aziz, Umno president Ahmad Zahid Hamidi, PKR’s Selayang MP William Leong, as well as the parents of fugitive financier Low Taek Jho, or Jho Low.