The Malaysian Anti-Corruption Commission (MACC) is investigating a prominent corporate figure with the title “Tan Sri” for alleged money laundering involving Sapura Energy Bhd (SEB) shares worth over RM500 million. The probe also examines potential corruption tied to investments following the merger of Sapura Kencana Petroleum Bhd and Sapuracrest Petroleum Bhd, which formed SEB. MACC has conducted searches at multiple locations, including Sapura@Mines, Menara Permata Sapura, and the individual’s residences in Selangor and Kuala Lumpur.
Business News
MACC raids a house, Sapura offices in RM500mil money laundering probe
MACC probes Tan Sri for money laundering, corruption linked to RM500M Sapura Energy shares; searches conducted at multiple locations.
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