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The Star
04-07-2025
- Health
- The Star
Charity dinner to raise funds for dialysis centre in Mentakab on Nov 1
(From sixth left) Chua, PBA president Choo Sui Len and Hiang with PBA management team and Mentakab haemodialysis centre staff. THE Pahang Buddhist Association (PBA) haemodialysis centre in Mentakab is organising a charity dinner to raise funds in view of increasing operating costs. Event organising chairman Datuk Hiang A Li said the centre's average monthly expenses amounted to some RM100,000. 'Many patients could not afford to pay the full fees and due to this and other operational costs, the centre exceeded its budget by over RM360,000 last year. 'To continue running the centre and provide quality renal treatment, we have decided to host a fundraising dinner,' he said when announcing the details of the programme to kickstart the donation drive. The dinner will be held on Nov 1 at SMJK Hwa Lian school hall in Mentakab. Hiang, who is also the school's board of governors chairman, said private haemodialysis centres charge between RM280 and M300 per session. He said patients in PBA Mentakab centre paid between RM20 and RM100, depending on their family income and affordability. 'Through the charity dinner, we hope to raise about RM3mil for the funds to last for the next five years. 'We urge the public to support us so that we can continue to give quality treatment to all needy patients,' he said, adding that all donations would be exempt from tax. Separately, PBA deputy president Datuk Franky Chua Goon Eng said the Kuantan haemodialysis centre was set up in 1996 to assist renal patients from all races. He said over the years, some 300 patients, especially those who could not afford to pay the full fees, benefitted from the initiative. 'In 2018, we opened our second centre to assist those residing in Temerloh and Mentakab. To date, we have 10 dialysis machines there, treating 26 patients. 'Our main aim is to help less fortunate patients, urgent cases and not for profit,' he said. Chua also said every year, the number of patients was increasing with some getting younger. He added that both centres also offered haemodiafiltration (HDF) treatment, the highest standard of dialysis. 'These HDF machines can significantly reduce complications post-dialysis, aligning with the centre's goal of helping patients resume their daily lives. 'So far, we have eight HDF machines,' said Chua, who also urged the people to go for regular check-ups and adopt a healthy lifestyle. For more information, call 019-989 6268, 012-983 9526 or WhatsApp 012-583 9644.
The Sun
04-06-2025
- Business
- The Sun
MACC seizes assets worth RM143 million linked to highway sukuk fund misuse
KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has seized assets linked to the misuse of sukuk funds of the construction of a highway in Klang Valley believed to be owned by a highway concessionaire with a Tan Sri title totalling RM143 million during an operation conducted last week. Its chief commissioner, Tan Sri Azam Baki said the seizures include 14 individual accounts totalling RM4.5 million, eight company accounts totalling RM33 million, luxury condominium and land worth RM24.5 million, nine cars worth RM7.65 million, and 13 cars that have yet to be handed over to the investigation team. Other items seized include luxury watches worth RM25 million, handbags worth RM3 million, jewellery and diamonds (RM6 million), four horses (RM400,000), alcoholic beverages (RM3 million), foreign assets worth more than RM15 million and around RM20 million in gambling activities. 'Preliminary investigations revealed there was misconduct between 2016 and 2020 involving approved sukuk funds of about RM1.35 billion, involving false claims of about RM360 million and RM416 million and RM50 million in other bank facility loans. 'The RM1.67 billion highway project also failed to be completed according to schedule and investigations are focused on bribes worth RM12 million paid to certain parties as inducement in helping the cash flow out and back to the suspect,' he said in a statement tonight, adding that the proceeds were also believed to have been used in money laundering activities. He explained that to embezzle the funds, the parties involved were believed to have used professionals such as auditors, financial experts, engineers and shell companies. 'Until now, the MACC has yet to take the Tan Sri's statement as he is in a private hospital ward and today the investigating officer will get confirmation from the doctor on the status of the Tan Sri's health before recording his statement. 'Meanwhile, the number of witness statements stands at 45, and those witnesses who have given their statements have been asked to provide further statements,' he said, adding that the investigating team is also tracking down luxury vehicles and properties belonging to the Tan Sri abroad, including in London and Switzerland. The investigation is focused on the true amount of luxury liquor kept by the Tan Sri and the possibility that funds have been transferred to other accounts, he said. He added that an asset declaration notice has been handed to the Tan Sri and other related parties.
The Sun
04-06-2025
- Business
- The Sun
ASSETS WORTH RM143m linked to highway sukuk fund misuse seized
KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has seized assets linked to the misuse of sukuk funds of the construction of a highway in Klang Valley believed to be owned by a highway concessionaire with a Tan Sri title totalling RM143 million during an operation conducted last week. Its chief commissioner, Tan Sri Azam Baki said the seizures include 14 individual accounts totalling RM4.5 million, eight company accounts totalling RM33 million, luxury condominium and land worth RM24.5 million, nine cars worth RM7.65 million, and 13 cars that have yet to be handed over to the investigation team. Other items seized include luxury watches worth RM25 million, handbags worth RM3 million, jewellery and diamonds (RM6 million), four horses (RM400,000), alcoholic beverages (RM3 million), foreign assets worth more than RM15 million and around RM20 million in gambling activities. 'Preliminary investigations revealed there was misconduct between 2016 and 2020 involving approved sukuk funds of about RM1.35 billion, involving false claims of about RM360 million and RM416 million and RM50 million in other bank facility loans. 'The RM1.67 billion highway project also failed to be completed according to schedule and investigations are focused on bribes worth RM12 million paid to certain parties as inducement in helping the cash flow out and back to the suspect,' he said in a statement tonight, adding that the proceeds were also believed to have been used in money laundering activities. He explained that to embezzle the funds, the parties involved were believed to have used professionals such as auditors, financial experts, engineers and shell companies. 'Until now, the MACC has yet to take the Tan Sri's statement as he is in a private hospital ward and today the investigating officer will get confirmation from the doctor on the status of the Tan Sri's health before recording his statement. 'Meanwhile, the number of witness statements stands at 45, and those witnesses who have given their statements have been asked to provide further statements,' he said, adding that the investigating team is also tracking down luxury vehicles and properties belonging to the Tan Sri abroad, including in London and Switzerland. The investigation is focused on the true amount of luxury liquor kept by the Tan Sri and the possibility that funds have been transferred to other accounts, he said. He added that an asset declaration notice has been handed to the Tan Sri and other related parties.
Yahoo
02-06-2025
- Business
- Yahoo
Shariah-compliant bonds for highway project abused in luxury lifestyle scandal, says MACC
KUALA LUMPUR, June 2 — The Malaysian Anti-Corruption Commission (MACC) has uncovered that over RM20 million from misappropriated sukuk funds meant for a Klang Valley highway project were allegedly used for gambling activities. MACC Chief Commissioner Tan Sri Azam Baki said the discovery came during further investigations into the high-profile corruption case, the New Straits Times reported. 'I have been briefed by my investigation officers that more than RM20 million may have been spent on gambling activities. 'We also found 300 bottles of luxury alcoholic beverages were found in a storage facility,' he was quoted as saying. Azam said the authorities are still tracing assets both locally and abroad that will be frozen or seized to assist the probe. So far, 45 witnesses have provided statements, while the Tan Sri under investigation remains hospitalised at a private medical centre. On Sunday, the MACC froze and seized RM85.6 million in assets and accounts related to the case involving the alleged misuse of sukuk funds. Among the seized assets were 14 personal bank accounts with RM4.5 million, eight company accounts with RM33 million, and luxury vehicles worth RM7.65 million. Authorities also confiscated handbags valued at RM3 million, luxury watches worth RM7 million, and properties estimated at RM24.5 million. The MACC believes that sukuk funds — raised through shariah-compliant bonds — were channelled to a company owned by the Tan Sri and diverted for personal use rather than the intended highway construction. Last month, four individuals including a Datuk Seri were arrested over false claims involving RM360 million linked to the same RM1.3 billion Klang Valley highway project dating back to 2016–2017.
![[UPDATED] Azam Baki: RM20mil sukuk funds for Klang Valley highway project misused for gambling](/_next/image?url=https%3A%2F%2Fassets.nst.com.my%2Fimages%2Farticles%2FId_obj60983842_1748847364.jpg&w=3840&q=100)
![[UPDATED] Azam Baki: RM20mil sukuk funds for Klang Valley highway project misused for gambling](/_next/image?url=https%3A%2F%2Fassets.nst.com.my%2Fassets%2FNST-Logo%402x.png%3Fid%3Db37a17055cb1ffea01f5&w=48&q=75){kind=small}
New Straits Times
02-06-2025
- New Straits Times
[UPDATED] Azam Baki: RM20mil sukuk funds for Klang Valley highway project misused for gambling
KUALA LUMPUR: At least RM20 million from sukuk funds meant for a Klang Valley highway project was misappropriated, graft busters found. Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Tan Sri Azam Baki said the transactions were discovered through further investigations into the case. "I have been briefed by my investigation officers that more than RM20 million may have been spent on gambling activities. "We also found 300 bottles of luxury alcoholic beverages were found in a storage facility," he said when contacted today. He said they were still tracing assets within the country and abroad which will be frozen or seized to facilitate further investigations. Azam added that to date, 45 witnesses have had their statements recorded, but as of yesterday, the Tan Sri being investigated is still receiving medical treatment at a private hospital. On Sunday, the MACC seized assets and froze bank accounts totalling RM85.6 million in its investigation involving a Tan Sri over the misappropriation of sukuk funds meant for highway construction in the Klang Valley. Sukuk funds are proceeds from shariah-compliant bonds used to finance specific projects without involving interest. Among the seized items were 14 personal accounts containing RM4.5 million, eight company accounts containing RM33 million, and RM7.65 million of luxury vehicles. Other seized items included handbags worth RM3 million, luxury watches worth RM7 million, and properties valued at RM24.5 million. The MACC suspects that the sukuk funds amounting to hundreds of millions of ringgit channelled to a company owned by the Tan Sri were misused for personal gain and were not used for the intended financing of the related highway projects. It was also reported that the MACC seized various assets, including handbags, jewellery, luxury vehicles, watches, cash, and luxury residences, with a total estimated value of about RM32 million belonging to the individual involved in the case. During the operation, the MACC discovered a storage room containing various types of luxury alcoholic beverages at a residence valued at approximately RM3 million, believed to be linked to money laundering activities. Last month, it was reported that four people, including a Datuk Seri, were detained on suspicion of submitting false claims amounting to about RM360 million. All suspects, comprising three men and one woman aged between their 50s and 70s, were detained while giving statements at the MACC office. The four suspects are believed to have submitted false claims amounting to about RM360 million using sukuk funds in a highway construction project in the Klang Valley valued at about RM1.3 billion between 2016 and 2017.
