Newstik logo
NEWSTIK
Explore the world of short videos
Newstik logo
NEWSTIK
Explore the world of short videos
Newstik logo
NEWSTIK
Explore the world of short videos
Newstik logo
NEWSTIK
Explore the world of short videos
    Login
    Create account
    501awani
    501awani
    108
    1k
    111
    65k
    159

    Tan Sri's Home Guarded Amidst RM143 Million MACC Sukuk Fund Probe

    Klang Valley Highway Scandal: Tan Sri's Residence Under Security Amidst MACC Investigation A high-profile corruption investigation is underway in Malaysia, focusing on the alleged misappropriation of RM143 million in sukuk funds intended for a highway construction project in the Klang Valley. The Malaysian Anti-Corruption Commission (MACC) has launched an investigation into a Tan Sri, a prominent individual linked to the scandal. Their residence is currently under tight security, with assisting police maintaining a strong presence. "On Wednesday morning, we observed a heavy police presence surrounding the Tan Sri's residence," reported Faida Rahim, a journalist with Astro AWANI. "Several media outlets attempted to access the area, but were prevented from doing so." The MACC has confirmed that they are currently recording statements from the Tan Sri. Furthermore, the investigation extends beyond Malaysia, with assets being investigated in locations such as London and Switzerland. This includes cash in accounts, properties, and luxury vehicles, totaling an estimated RM143 million. The MACC has stated that the Tan Sri is a key witness in this ongoing investigation. The case highlights the ongoing efforts to combat corruption in Malaysia and underscores the importance of transparency and accountability in large-scale infrastructure projects. The MACC's international cooperation demonstrates a commitment to recovering misappropriated funds and bringing those responsible to justice.

    2 months ago
    MY
    Klang Valley
    news summary
    politics
    MACC Seizes RM32 Million in Highway Fund Embezzlement Probe
    MACC Seizes RM32 Million in Highway Fund Embezzlement Probe
    beritartm
    2mo ago
    MY
    4k
    MACC Concludes Questioning of Tan Sri in Highway Sukuk Fund Misappropriation Case
    MACC Concludes Questioning of Tan Sri in Highway Sukuk Fund Misa…
    malaysiagazette
    2mo ago
    MY
    9k
    RM143 Million Seized in Malaysian Highway Sukuk Scandal
    RM143 Million Seized in Malaysian Highway Sukuk Scandal
    edynoorreduan
    2mo ago
    MY
    4k
    PKR Election Aftermath: Rafizi Ramli Alleges Social Media Crackdown
    PKR Election Aftermath: Rafizi Ramli Alleges Social Media Crack…
    malaysiagazette
    2mo ago
    MY
    96k
    newstik.info@gmail.com