the sun malaysia ipaper logo 150x150
Wednesday, July 1, 2026
32.4 C
Kuala Lumpur
the sun malaysia ipaper logo 150x150

Cabinet has discussed RCI proposal over MACC ‘corporate mafia’ allegations

Prime Minister Anwar Ibrahim confirms the proposal for a Royal Commission of Inquiry was discussed, with an official statement to follow

KAJANG: Prime Minister Datuk Seri Anwar Ibrahim has confirmed that the proposal to establish a Royal Commission of Inquiry (RCI) over issues involving the Malaysian Anti-Corruption Commission (MACC) was discussed at today’s Cabinet meeting.

He said discussions proceeded smoothly and that an official statement detailing the matter would be issued soon.

“We discussed it earlier. It went well. A statement will follow,” he told reporters after Friday prayers at Masjid Pekan Kajang here.

Prior to this, DAP Secretary-General Anthony Loke was reported to have proposed in a Cabinet meeting that an RCI be established to probe into allegations of the existence of a ‘corporate mafia’.

The ‘corporate mafia’ allegations revolve around claims that senior MACC officials orchestrated a campaign of intimidation, pressuring executives and shareholders of publicly listed companies to resign or sell their shares at steep discounts to a network of connected businessmen.

STAY AHEAD OF THE CURVE

Join our community for instant updates and exclusive content.

Join Telegram Channel

Related


spot_img

Latest News

Most Viewed

spot_img
WC26

World Cup 2026

Updates, Fixtures, Results & Standings