Kuala lumpur: The Malaysian Anti-Corruption Commission (MACC) today confirmed that its investigation into allegations of a RM2.5 billion money laundering scheme involving IJM Corporation Bhd has received cooperation from authorities in the United Kingdom. MACC chief commissioner Tan Sri Azam Baki stated that the probe involves collaboration with the UK's Serious Fraud Office (SFO).
According to BERNAMA News Agency, several information requests have been submitted by United Kingdom authorities, in line with the MACC's role as the country's enforcement agency responsible for investigating corruption, abuse of power, and financial crimes. Azam emphasized the importance of international cooperation, noting, "When foreign countries conduct investigations, we must also play our part and provide cooperation. This issue is being given due attention," during a press conference after the Program Cakna Rasuah: SPRM Bersama Media Zon Timur.
In terms of the investigation's progress, Azam reported that no new information has been received so far, but the investigation is ongoing, including the summoning of two individuals to give statements to the MACC. He highlighted the need for time due to the case's age, dating back to 2015 or 2016, and the necessity of obtaining specific details before taking further action.
Previously, the SFO was reported to have initiated an investigation into allegations of money laundering and corruption involving investment transactions worth billions of ringgit linked to the two individuals. Both individuals are currently overseas, and the MACC is also examining allegations of share price manipulation, which is believed to have occurred during Sunway Group's RM11 billion acquisition process of IJM.
Earlier reports suggested that the proposed merger between Sunway Group and IJM could significantly impact Malaysia's property and construction sectors, potentially prompting developers and contractors to enhance their strategies and competitiveness.
Meanwhile, Azam reaffirmed the MACC's commitment to implementing aggressive measures to combat corruption and strengthen the country's governance and integrity over the next five years. He stated that efforts to improve governance must be continuous, regardless of the governing administration. Azam stressed that the responsibility to combat corruption is not solely the government's but also a priority for enforcement agencies, including the MACC, to fulfill their trust.