Latest news with #IsmailSabriYaakob
Business Times
7 days ago
- Politics
- Business Times
Malaysian agency to forfeit RM177 million linked to ex-PM probe: report
[KUALA LUMPUR] The Malaysian Anti-Corruption Commission (MACC) plans to seek forfeiture of RM177 million (S$54 million) in assets and cash it seized in its probe into former prime minister Ismail Sabri Yaakob, the New Straits Times reported. The deputy public prosecutor will file for the forfeiture within two weeks, MACC chief commissioner Azam Baki was cited as saying on Wednesday (Jun 25). The probe focused on allegations of graft and money laundering related to funds used for publicity and promotion while Ismail was in office. Azam said the investigation has been completed. Ismail, 65, Malaysia's shortest-serving prime minister, held the post from August 2021 until dissolving Parliament in October 2022. He is a member of the United Malays National Organisation, part of the ruling coalition. Ismail is among a group of former prime ministers to be ensnared in the MACC's dragnet as Prime Minister Anwar Ibrahim seeks to clamp down on corruption. Ismail's direct predecessor, Muhyiddin Yassin, is facing graft charges in court, while Najib Razak, another former premier, is in prison for crimes related to the state investment fund 1MDB. Malaysia's former two-time prime minister, Mahathir Mohamad, is under a separate investigation. BLOOMBERG
Straits Times
7 days ago
- Politics
- Straits Times
Malaysian anti-graft agency to forfeit $54.6m linked to ex-PM Ismail Sabri graft probe: NST
Mr Ismail Sabri Yaakob is among a group of former prime ministers to be ensnared in the MACC's dragnet. PHOTO: BERNAMA The Malaysian Anti-Corruption Commission (MACC) plans to seek forfeiture of 177 million ringgit (S$54.6 million) in assets and cash it seized in its probe into former prime minister Ismail Sabri Yaakob, the New Straits Times reported. The deputy public prosecutor will file for the forfeiture within two weeks, MACC chief commissioner Azam Baki was cited as saying on June 25. The probe focused on allegations of graft and money laundering related to funds used for publicity and promotion while Mr Ismail was in office. Mr Azam said the investigation has been completed. Mr Ismail, 65, Malaysia's shortest-serving prime minister, held the post from August 2021 until dissolving Parliament in October 2022. He is a member of the United Malays National Organisation, part of the ruling coalition. Mr Ismail is among a group of former prime ministers to be ensnared in the MACC's dragnet as Prime Minister Anwar Ibrahim seeks to clamp down on corruption. Mr Ismail's direct predecessor, Muhyiddin Yassin, is facing graft charges in court, while Najib Razak, another former premier, is in prison for crimes related to state investment fund 1MDB. Malaysia's former two-time prime minister, Mr Mahathir Mohamad, is under a separate investigation. BLOOMBERG Join ST's Telegram channel and get the latest breaking news delivered to you.
Malaysiakini
25-06-2025
- Politics
- Malaysiakini
MACC completes probe on Ismail Sabri, seeks to forfeit RM170m
The MACC said it has completed its investigation into alleged graft involving former prime minister Ismail Sabri Yaakob and is seeking to seize RM170 million in cash. Ismail Sabri was being investigated under the MACC Act 2009 and the Anti-Money Laundering, Anti-Terrorism Financing, and Proceeds of Unlawful Activities Act 2001.
Malaysiakini
25-06-2025
- Politics
- Malaysiakini
MACC completes probe on Ismail Sabri, seeks to forfeit RM170m
The MACC said it has completed its investigation into alleged graft involving former prime minister Ismail Sabri Yaakob and is seeking to seize RM170 million in cash. Ismail Sabri was being investigated under the MACC Act 2009 and the Anti-Money Laundering, Anti-Terrorism Financing, and Proceeds of Unlawful Activities Act 2001.
New Straits Times
25-06-2025
- Politics
- New Straits Times
MACC to forfeit RM177mil linked to Ismail Sabri probe
KUALA LUMPUR: Graftbusters are planning to forfeit the seized RM177 million in cash and assets linked to the probe into alleged corruption and money laundering involving former prime minister Datuk Seri Ismail Sabri Yaakob. Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Tan Sri Azam Baki said the Deputy Public Prosecutor has agreed to file for the forfeiture of the assets within two weeks. "Our investigators have made a number of suggestions ti the DPP and one of it was on the forfeiture of the cash (and assets) which we displayed previously. "On criminal charges, that depends on the DPP, but I think within a months time we will get a decision from the DPP on this," he told reporters today.
