KUALA LUMPUR — Oct. 5, 2017: The Malaysian Anti Corruption Commission (MACC) has frozen another RM29 million in connection with its investigation into the alleged fund embezzlement of a ministry.
Yesterday the agency froze more than RM150 million in the bank account of a case being investigated in Sabah and MACC chief commissioner Tan Sri Dzulkifli Ahmad today said he had just been informed another RM29 million has also been frozen.
Yesterday, investigators swooped in on 15 locations in Sabah relating to the case but the agency has not revealed which ministry is being investigated, Bernama reported.
When speaking at the 9th International Conference on Financial Crime and Terrorism Financing today, Zulkifli described as staggering the amount of corrupt monies seized and recovered.
“In 2015, MACC forfeited RM3.9 million while last year it went up to RM4.95 million. For this year, until last month the amount was RM21.4 million.