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MACC seizes RM11.4 million in assets in ex-army chief probe

MACC seized RM11.4m in cash, watches, gold, and a Range Rover, and froze RM32.5m in accounts in a military procurement corruption case.

PUTRAJAYA: The Malaysian Anti-Corruption Commission has seized cash and assets worth RM11.4 million in a corruption probe linked to a former Army Chief.

MACC Chief Commissioner Tan Sri Azam Baki said the items were seized at a house in Kuala Lumpur and another in Besut, Terengganu.

The seized items include RM4.4 million in cash and foreign currency worth RM1.4 million.

ALSO READ: MACC seizes RM2.2 million in luxury assets from ex-army chief’s wife

Also seized was a Range Rover SVR valued at RM360,000 and 26 luxury watches worth RM2.3 million.

Jewellery valued at RM294,039.90 and two diamond rings worth RM20,000 were confiscated.

The haul included 3.7 kg of gold bars valued at RM2.5 million and a 150gm gold medallion worth RM102,000.

Two gold dinars weighing 8.5gm and valued at RM5,780 were also taken.

Azam said 75 company bank accounts containing RM32.5 million have been frozen to assist the investigation.

He stated MACC would seek forfeiture of all seized assets for transfer to the government.

This is subject to approval by the deputy public prosecutor and the courts under the MACC Act 2009.

The former Army chief and his two wives were arrested over the procurement tender project on January 7.

He was remanded for seven days, while his wives were held for three and six days respectively.

The former Army chief was released on January 12. – Bernama

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