00:00The Malaysian Anti-Corruption Commission has raided the offices of IGM Corp Berhad and frozen 55 bank accounts involving about RM15.8 million as part of a probe into allegations of a RM2.5 billion money laundering scheme.
00:16Berita Haran quoted a source as saying,
00:19The source said the raids follow investigations by MACC's Special Operations Division into two members of IGM's top management.
00:38The source said the MACC is investigating a conglomerate over issues involving corporate governance, procurement processes, financial transactions, and the ownership of overseas assets estimated at around RM2.5 billion.
00:52MACC Chief Commissioner Azambaki confirmed that the probe was being conducted under Section 16 of the MACC Act 2009 and Section 4, Subsection 1 of the Anti-Money Laundering, Anti-Terrorism Financing, and Proceeds of Unlawful Activities Act 2001.
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