the sun malaysia ipaper logo 150x150
Friday, December 5, 2025
22.5 C
Malaysia
the sun malaysia ipaper logo 150x150

MACC to intensify asset recovery efforts and bankrupt corrupt individuals in 2025

MACC chief says commission will intensify asset recovery efforts and bankrupt corrupt individuals next year, focusing on high-profile cases

PUTRAJAYA: The Malaysian Anti-Corruption Commission (MACC) will intensify efforts next year to recover every sen of the country’s embezzled assets.

Chief commissioner Tan Sri Azam Baki said this aligns with the commission’s strategy to reduce leakages.

He stated the MACC is determined to bankrupt those engaged in corruption to prevent them from enjoying illicit gains.

The commission will prioritise more aggressive investigations into large-scale, high-profile cases.

This ensures individuals with positions, power or wealth do not escape legal action.

“The public is growing wiser in evaluating, and demand a new more effective approach in anti-corruption operations, prevention and education at all levels,” he said.

Azam spoke during the 2025 International Anti-Corruption Day celebrations officiated by Prime Minister Datuk Seri Anwar Ibrahim.

He added the MACC needs to transform its approach to curb corruption to remain relevant.

Boosting officers’ capabilities through modern investigation techniques is also a priority.

“Strategic partnerships with local and international agencies will also be intensified to track down missing or stolen assets,” he added.

Various legal reforms are being conducted under the National Anti-Corruption Strategy.

These include laws regarding procurement, the Freedom of Information Act and amendments to the Whistleblower Protection Act 2010.

Deferred Prosecution Agreements and tax deduction incentives for companies with anti-corruption programmes are among planned improvements for next year. – Bernama

Related

spot_img

Latest

DBP Strikes Gold, Named Top Community-Centric Company in Asia with Third Consecutive ACES Award

BALI, INDONESIA - Media OutReach Newswire - 5 December 2025 - The Development Bank of the Philippines (DBP) won the Gold Trophy for “Top Community-Centric Companies in Asia” at the Asia Corporate Excellence and Sustainability (ACES) Awards 2025.

Most Viewed

Gorilla Announces Delivery of CVR Payment Notice

London, United Kingdom - Newsfile Corp. - December 4, 2025 - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla") today announced that each holder of Gorilla's Class A contingent value rights ("CVRs") will be entitled to a distribution of Gorilla ordinary shares, subject to restrictions provided for in the Contingent Value Rights Agreement included as Exhibit 4.1 of Gorilla's Form 6-K filed with the SEC on July 19, 2022 (the "Contingent Value Rights Agreement").

MSIG Malaysia Deepens Nationwide Mangrove Conservation Efforts with Malaysian Nature Society (MNS)

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 5 December 2025 - MSIG Insurance (Malaysia) Bhd "(MSIG Malaysia)", has strengthened its long-term commitment to coastal conservation through its ongoing partnership with the Malaysian Nature Society (MNS), facilitating a mangrove planting initiative where 20 Kelab Pencinta Alam (KPA) school eco clubs planted 1,200 saplings at the Kuala Selangor Nature Park (KNSP).
spot_img

Popular Categories