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    malaysiagazette
    malaysiagazette
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    RM12 Million in Assets Seized in Malaysian Highway Embezzlement Case

    Kuala Lumpur, Malaysia – In a significant development in the ongoing investigation into the alleged embezzlement of funds from a highway construction project in the Klang Valley, Malaysian authorities have seized assets worth millions of ringgit. The Malaysian Anti-Corruption Commission (MACC) announced the seizure of six luxury homes and a plot of land valued at approximately RM12 million, belonging to a prominent individual with the title of Tan Sri. "The seizures are a result of investigations by the MACC's investigation division," a source close to the investigation stated. The investigation also revealed the seizure of a luxury horse, estimated to be worth hundreds of thousands of ringgit, and a large collection of high-end liquor. The MACC has summoned between 30 and 50 witnesses to aid the investigation and is pursuing further asset recovery both domestically and internationally. This case highlights the ongoing efforts to combat corruption and financial misconduct in Malaysia. The MACC's commitment to uncovering the truth and bringing those responsible to justice is a positive step toward greater transparency and accountability.

    2 months ago
    MY
    Klang Valley
    news summary
    corruption
    MACC Seizes RM12 Million in Assets from Highway Concessionaire
    MACC Seizes RM12 Million in Assets from Highway Concessionaire
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