The Malaysian Anti-Corruption Commission has frozen 21 bank accounts and seized two hotels with an estimated value of RM2 million. The action is part of an ongoing investigation into alleged procurement corruption involving the Royal Malaysian Navy.
A source familiar with the case stated that the move follows a probe into companies suspected of paying bribes. The bribes were allegedly intended to secure recommendations and appointments for firms linked to a senior navy officer.
Assets Frozen and Seized
The frozen accounts comprise seven corporate and 14 individual accounts, containing approximately RM700,000 in total.
In addition to the accounts, the MACC’s Intelligence Division has seized two hotels which are reportedly owned by the senior officer in question.
Verification and Investigation Progress
The MACC is also coordinating with the Accountant General’s Department to verify tenders or quotations involving the companies under investigation.
“MACC is currently tracing other assets owned by the suspect and identifying company owners who conspired with the individual,” the source added.
Official Confirmation
Saiful Ezral Arifin, senior director of the MACC Intelligence Division, confirmed these developments. He stated that investigators have so far recorded statements from seven individuals in connection with the case.
The investigation remains active as authorities continue to examine the details of the alleged corruption scheme.
About The Author
