MACC’s Investigation into Sand Mining Concessions Continues
PETALING JAYA – The Malaysian Anti-Corruption Commission (MACC) has taken significant steps in its ongoing investigation into corruption involving sand mining concessions granted by a Menteri Besar Selangor Incorporated (MBI) subsidiary. As part of the investigation, MACC has frozen assets and accounts worth millions of ringgit, and arrested four individuals last week on suspicion of corrupt practices related to sand mining concessions in Selangor.
Update on the Investigation
MACC chief commissioner Azam Baki reported that no new arrests have been made in the case thus far, but the remand period for an individual previously arrested has been extended by seven days to facilitate further investigation. "MACC officers are still tracing shares suspected to have been received as bribes, which are currently held in several companies," he said in a press conference in Kuala Lumpur.
MACC’s Probe Extends Beyond the Four Arrests
The investigation is not limited to the four individuals arrested last week. Azam revealed that MACC is investigating 20 other projects, and expects to provide an update in the next few days. To date, MACC has raided nine premises and seized nearly RM6 million in cash, including RM5 million in foreign currency discovered at a residence.
Legal Actions Underway
Several investigation papers have been opened under the MACC Act 2009 and the Anti-Money Laundering and Anti-Terrorism Financing Act 2001. Azam previously indicated that a prominent politician linked to the investigation would be called once certain information had been verified.
Conclusion
The MACC’s investigation into corruption involving sand mining concessions remains ongoing, with significant progress made so far. The freezing of assets and accounts, as well as the arrest of four individuals, demonstrate the commission’s commitment to tackling corruption. As the investigation continues, it will be important for the public to remain informed of its developments and for any individuals involved to cooperate fully with the authorities.
FAQs
Q: How many individuals have been arrested in the investigation?
A: Four individuals have been arrested on suspicion of corrupt practices related to sand mining concessions in Selangor.
Q: How much cash has been seized by MACC?
A: Nearly RM6 million in cash, including RM5 million in foreign currency discovered at a residence.
Q: How many investigation papers have been opened under the MACC Act 2009 and the Anti-Money Laundering and Anti-Terrorism Financing Act 2001?
A: Several investigation papers have been opened under these acts.