Latest news with #NorhaizamMuhammad
The Sun
3 days ago
- Business
- The Sun
MACC enhances asset disposal via public-private partnership in Malaysia
PUTRAJAYA: The Malaysian Anti-Corruption Commission (MACC) is reinforcing its asset forfeiture and disposal framework to ensure integrity and public trust in handling proceeds from illicit activities. MACC Anti-Money Laundering (AML) Division director Norhaizam Muhammad emphasised the need for a structured cooperation mechanism between enforcement agencies and the private sector. 'We aim to build an efficient and trusted asset management ecosystem,' he said during the Public-Private Partnership Programme: Asset Management Sector held at MACC headquarters. The initiative follows the successful disposal of cryptocurrency, marking a milestone as the first government agency in Malaysia to do so in collaboration with CyberSecurity Malaysia. Norhaizam highlighted the importance of shared expertise and transparency in refining asset disposal processes. The programme serves as a platform for stakeholders to exchange insights, propose solutions, and enhance coordination in managing confiscated assets. It aligns with the MACC AML Division's Strategic Plan, which prioritises collaboration with public, private, and academic sectors due to the high-risk nature of asset management.
The Sun
25-06-2025
- The Sun
MACC remands NGO chairman on suspicion of money laundering
PUTRAJAYA: A chairman of a non-governmental organisation (NGO) has been remanded on suspicion of being involved in money laundering and using proceeds of corruption through personal accounts, his company, and those of relatives and associates. According to a Malaysian Anti-Corruption Commission (MACC) source, the male suspect in his 30s was arrested at around 2.30 pm yesterday while giving a statement at the MACC headquarters here. 'The suspect is believed to have committed the acts between 2015 and 2025, and previously the suspect had been remanded for a case investigated under Section 23 of the MACC Act 2009 related to abuse of power and misappropriation of NGO funds at the suspect's workplace,' said the source. Magistrate Irza Zulaikha Rohanuddin granted a four-day remand, until this Saturday, for the suspect after an application was made by the MACC at the Magistrate's Court here today. Meanwhile, MACC Anti-Money Laundering (AML) Division director Norhaizam Muhammad when contacted confirmed the arrest. He said the case is being investigated under Section 4(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLATFPUAA 2001).
Malay Mail
25-06-2025
- Malay Mail
MACC remands NGO chief over alleged money laundering, misuse of charity funds
PUTRAJAYA, June 25 (Bernama) — A chairman of a non-governmental organisation (NGO) has been remanded on suspicion of involvement in money laundering and using proceeds of corruption through personal accounts, his company, and those of relatives and associates. According to a Malaysian Anti-Corruption Commission (MACC) source, the male suspect in his 30s was arrested at around 2.30pm yesterday while giving a statement at the MACC headquarters here. 'The suspect is believed to have committed the acts between 2015 and 2025, and previously the suspect had been remanded for a case investigated under Section 23 of the MACC Act 2009 related to abuse of power and misappropriation of NGO funds at the suspect's workplace,' said the source. Magistrate Irza Zulaikha Rohanuddin granted a four-day remand, until this Saturday, after an application was made by the MACC at the Magistrate's Court here today. Meanwhile, MACC Anti-Money Laundering (AML) Division director Norhaizam Muhammad, when contacted, confirmed the arrest. He said the case is being investigated under Section 4(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLATFPUAA 2001).
New Straits Times
25-06-2025
- New Straits Times
NGO chairman remanded over suspected involvement in money laundering
PUTRAJAYA: A non-governmental organisation (NGO) chairman has been remanded by the Malaysian Anti-Corruption Commission (MACC) on suspicion of money laundering through proceeds from corruption. It is learnt that the suspect allegedly engaged in money laundering involving the receipt, transfer and use of illicit funds through his personal and company bank accounts, as well as those belonging to relatives and associates. Magistrate Irza Zulaikha Rohanuddin granted a four-day remand order until June 28 following an application by the MACC at the magistrate's court here this morning. According to a source, the male suspect, in his 30s, was arrested at about 2.30pm yesterday when he presented himself at the MACC headquarters to give a statement. "The suspect is believed to have committed the offences between 2015 and 2025. He was previously remanded in a case investigated under Section 23 of the MACC Act 2009 for abuse of power and misappropriation of NGO funds at his workplace," the source said. Meanwhile, MACC Anti-Money Laundering Division director Norhaizam Muhammad, when contacted, confirmed the arrest. She said the case is being investigated under Section 4(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLATFPUAA 2001).
Malaysian Reserve
14-05-2025
- Business
- Malaysian Reserve
MACC arrests three bank officers over RM21m loan fraud, graft
KUALA LUMPUR — The Malaysian Anti-Corruption Commission (MACC) has arrested three bank officers from two financial institutions in the federal capital for alleged involvement in money laundering and corruption linked to loan applications exceeding RM21 million. According to a source, the male suspects — a business manager, a department head, and a branch manager, aged between 30 and 40, were detained between 4 pm and 5 pm yesterday at the MACC headquarters in Putrajaya while giving their statements. 'Preliminary investigations suggest the trio were involved in acquiring, transferring, and using illicit funds received as bribes from three companies in 2024. 'One of them, a department head, is believed to have solicited and accepted over RM170,000 from the companies as a reward for processing and approving five loan applications totalling more than RM21 million,' the source said. The MACC also froze four bank accounts belonging to the suspects, involving around RM268,000, and seized three mobile devices and a laptop. All three have been remanded for five days starting today, following approval by Magistrate Mohd Dinie Shazwan Ab Shukor at the Putrajaya Sessions Court. In a separate case, three individuals, including a former company executive director, were also remanded for five days beginning today over alleged conspiracy to use falsified documents in claims worth about RM2.5 million. The suspects – a man and two women aged between 30 and 40, were arrested yesterday between 4pm and 7pm while giving their statements at the MACC headquarters. 'They are believed to have committed the offences between 2022 and 2024, involving reimbursement and bonus payment claims totalling approximately RM2.5 million,' the source added. MACC Anti-Money Laundering Division director Norhaizam Muhammad confirmed the arrests in both cases, adding that investigations are being conducted under Section 4(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLATFPUAA), and Section 18 of the MACC Act 2009 for abetment. — BERNAMA
