MACC seizes RM9.7m in assets linked to alleged RM300m investment fund misappropriation

MACC seizes RM9.7m in assets linked to alleged RM300m investment fund misappropriation

Malay Mail - Malaysia·2026-01-25 16:03

KUALA LUMPUR, Jan 25 — The Malaysian Anti-Corruption Commission (MACC) has so far seized assets worth RM9.7 million in connection with an investigation into the alleged misappropriation of nearly RM300 million in investment funds linked to an individual with the title Tan Sri.

According to sources, the seized assets include six houses valued at RM6.54 million, a plot of land worth RM1.8 million and two luxury vehicles valued at RM1.35 million.

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