Highway Funds Misuse: MACC Seizes Luxury Items Worth RM16 Mln

Kuala Lumpur: The Malaysian Anti-Corruption Commission (MACC) has seized another RM16 million worth of luxury items linked to the misuse of sukuk funds for the construction of a highway in Klang Valley believed to be owned by a concession holder with the title of Tan Sri yesterday.

According to BERNAMA News Agency, the MACC revealed that the seizure at the individual's residence in Bandar Tasik Selatan, Cheras included 84 luxury bags worth about RM3 million, 11 branded watches valued at around RM1 million, gold bars, coins, and statues estimated at RM3 million, as well as diamonds and jewellery worth approximately RM4 million.

The commission also reported the confiscation of a luxury casino equipment set estimated to be worth RM150,000. During the operation, a secret vault containing weapons and ammunition was discovered, but the weapons were not seized as they were registered under the security company owned by the individual.

The search was conducted by an Anti Corruption Tactical Squad (ACTS) due to suspicions that the individual was storing weapons in the vault. The MACC had received information indicating the presence of a vault containing valuables and weapons linked to the case.

To ensure safety and secure transportation of officers and seized items back to the MACC headquarters in Putrajaya, ACTS was deployed for support. MACC chief commissioner Tan Sri Azam Baki confirmed the search and seizure, suggesting the possibility of further seizures related to the case.

He mentioned that taking the individual's statement had been postponed to a later date due to health concerns. Previously, the MACC had seized a total of RM143 million worth of valuables associated with this case.