MACC recovers RM2.4mil cash linked to army procurement probe

The Star

Nearly RM2.4mil in cash has been recovered by the Malaysian Anti-Corruption Commission (MACC), thwarting an attempt to move the funds between residences amid its ongoing investigation into army procurement tenders.  MACC chief commissioner Tan Sri Azam Baki said the recovered cash is believed to be linked to the probe.  Read more at https://tinyurl.com/4zhu54mv  WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

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00:00The Malaysian Anti-Corruption Commission has intercepted a significant cash movement

00:06in connection with an ongoing investigation into army procurement irregularities.

00:12Its chief commissioner, Tan Sri Azambaki, said,

00:15M.A.C.C. officers seized approximately 2.4 million ringgit in cash

00:20that was allegedly being moved between residences by an individual linked to the case.

00:26He revealed the operation during a visit to Media Prima Berhad headquarters on Wednesday.

00:32The seized funds are believed to be proceeds from irregularities in military procurement contracts.

00:38Azambaki said the individual attempted to transfer the money from one residence to another

00:42before authorities intervened.

00:45The M.A.C.C. formally launched its investigation on December 23rd

00:49when officers visited the Defence Ministry to trace projects implemented through open tender procurement

00:55as well as procurements under the Army's Responsibility Centre.

00:59Initial investigations revealed that between 2023 and 2025,

01:06there were 158 military procurement projects valued at more than 500,000 ringgit each

01:13and another 4,521 smaller projects worth below 500,000 ringgit.

01:20On Tuesday, 17 company directors aged between 20 and 60 were placed under remand

01:27on suspicion of paying bribes to senior officers of the Malaysian Army

01:32in return for obtaining supply and maintenance projects.

01:36The case is being investigated under Section 16B of the M.A.C.C. Act 2009.

01:50The case of the M.A.C. shellstone reduce the financial dollars in the United States further

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