logo
Highway probe: RM11mil misappropriated converted into digital currency

Highway probe: RM11mil misappropriated converted into digital currency

KUALA LUMPUR: Graftbusters investigating the misappropriation of sukuk funds for a Klang Valley highway have discovered that at least RM11 million was converted into digital currency.
Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Tan Sri Azam Baki said the digital currency was subsequently spent.
"We are now tracing how the funds were withdrawn and used," he told a press conference today.
To date, the MACC has seized RM143 million in connection with the alleged misappropriation of funds.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Beyond the Headlines: Flying passports & border security [WATCH]
Beyond the Headlines: Flying passports & border security [WATCH]

New Straits Times

time15 minutes ago

  • New Straits Times

Beyond the Headlines: Flying passports & border security [WATCH]

KUALA LUMPUR: In this latest episode of Beyond the Headlines, we dive into alarming breaches at Malaysia's borders — following a recent exposé that revealed serious cracks in our immigration system. At the centre of the scandal is a scheme known as the "flying passport" — a term describing how foreign passports are cleared at border checkpoints without their holders ever being physically present. Instead, the passport is handed to a third party — often for a fee — who transports it across the border to be stamped by corrupt immigration officers. This loophole allows the passport holder to obtain legitimate entry and exit stamps without even leaving their country. In early July, four immigration officers stationed at Johor's CIQ Bangunan Sultan Iskandar (BSI) — the busiest land border crossing with Singapore — were arrested by the Malaysian Anti-Corruption Commission (MACC). They were found to have repeatedly stamped foreign passports without the passport holders present, in exchange for bribes. This syndicate effectively offered a "fast-pass" into Malaysia — particularly for foreigners at risk of overstaying, working illegally, or re-entering the country without valid permits. What's more troubling is that this wasn't an isolated case, but part of a systematic abuse of weaknesses within our border control systems. The term "flying passport" captures how these documents changed hands between runners — not the travellers themselves — before ending up with rogue officers. So, what does this say about the integrity of our border enforcement, national security, and public trust? Joining us to unpack it all is Malaysia Crime Prevention Foundation (MCPF) and Universiti Sains Malaysia (USM) criminologist and psychologist Associate Professor Dr Geshina Ayu Mat Saat. Catch the full discussion now on NST's YouTube channel — @NSTOnline.

MACC: Two more cops remanded in RM635,000 bribery probe linked to illegal gambling activities in Johor
MACC: Two more cops remanded in RM635,000 bribery probe linked to illegal gambling activities in Johor

Malay Mail

time15 minutes ago

  • Malay Mail

MACC: Two more cops remanded in RM635,000 bribery probe linked to illegal gambling activities in Johor

JOHOR BAHRU, Aug 1 — The Malaysian Anti-Corruption Commission (MACC) of Johor has detained two more policemen for allegedly soliciting and accepting bribes worth about RM635,000 from an individual in return for not taking action over gambling activities. A six-day remand order until Aug 5 against both suspects was approved by Senior Assistant Registrar Chai Ing Hien after it was submitted by MACC at the Johor Bahru Magistrate's Court yesterday morning. According to sources, both male suspects, in their 30s, were arrested at about 9 pm yesterday when they turned up to give their statements at the Johor MACC office. 'This is following the arrest of two more policemen yesterday in connection with the bribery case involving about RM635,000. So far, the MACC has detained four suspects,' he said. Meanwhile, Johor MACC deputy operations director Hairul Ilham Hamzah, when contacted, confirmed the arrests, saying the case is being investigated under Section 16 (a)(B) of the MACC Act 2009. — Bernama

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store