MACC Issues Asset Declaration Notices in ‘Counter Setting’ Corruption Probe

KUALA LUMPUR – The Malaysian Anti-Corruption Commission (MACC) has issued asset declaration notices to enforcement officers detained over their alleged involvement in a ‘counter setting’ syndicate at national entry points.

Chief Commissioner Tan Sri Azam Baki said the move follows the seizure of luxury assets, including 617 gold items, nearly RM800,000 in cash, 15 luxury vehicles, and 126 frozen bank accounts worth RM4.4 million. The total seized assets exceed RM9 million.

Asset Declaration

Investigations revealed some officers owned or operated gold shops, purchased gold, and used proxy accounts for illicit transactions. The probe is being conducted under Sections 16 and 17 of the MACC Act 2009 and the Anti-Money Laundering Act (AMLATFPUAA 2001).

So far, 30 individuals have been arrested, including 18 enforcement officers, company owners, and civilians.

Business News