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Political

Malaysian authorities take millions worth in international money, gold in ex-PM Ismail Sabri graft probe

Asia Business News
Last updated: May 10, 2025 10:58 am
By Asia Business News
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Petaling Jaya Malaysia Anti-Corruption Payment (MACC) stated Rs 170 crore in international money and 16 kgs of gold were confiscated for RM7 million in corruption and cash laundering instances including previous Head of state Datuk Seri Ismail Sabri Yaakob.

It triggered epilepsy after looking for home and 3 various other homes thought to be made use of as “secure residences,” the MACC stated.

The international money includes Thai baht, Saudi riyal, Extra pound Sterling, South Korean champ, euro, Swiss franc and Chinese yuan, MACC stated in a declaration on Sunday (March 2).

The secure home was found after an examination of 4 elderly authorities offering in Ismail Sabri.

” The emphasis of the examination gets on expenses and funds obtained throughout Ismail’s management in the nation,” it stated.

The MACC included that one more 10 witnesses would certainly be called, including that the previous head of state can remember once more.

It stated that as component of the examination, Ismail Sabri was educated of stating his properties under Area 36( 1) of the MACC Act of 11 December 2024, which he submitted on February 10.

” The MACC wants to highlight that the examination is performed separately and expertly according to the regulation.

It stated: “The MACC is devoted to guaranteeing that any type of transgression pertaining to corruption and cash laundering is taken care of for the nation.”

It included that the examination was performed under the earnings of the MACC Act of 2009 and the anti-money laundering, anti-terrorism funding and the Illegal Activities Act of 2001.

TAGGED:authoritiesCurrencyexPMForeigngoldgraftIsmailMalaysianmillionsprobeSabriSeizeworth
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Asia Business News (ISSN: 3079-8531) is a leading international business publication dedicated to delivering in-depth analysis, expert insights, and comprehensive coverage of economic trends, corporate developments, and market dynamics across the Asia-Pacific region and beyond. With a commitment to journalistic integrity and analytical rigor, Asia Business News serves as a trusted source of information for business leaders, policymakers, and investors seeking authoritative perspectives on global commerce, finance, and industry advancements.

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