00:01Malaysian Anti-Corruption Commission Chief Azam Baki has rubbished allegations that the agency's officials are part of a corporate mafia
00:09involved in taking over companies, calling the claims unfounded.
00:14Azam said he was not concerned about the claims against the agency because they are based on inaccurate and unreliable
00:21information, Utusan Malaysia reported.
00:25He said anyone was free to lodge a police report and that he had no issue with it, adding that
00:30if there was proof, the matter should be brought to the authorities.
00:35On Thursday, the Center to Combat Corruption and Cronyism demanded the immediate suspension of all MACC officials allegedly involved in
00:43colluding with businessmen in schemes targeting companies for takeover.
00:47The Anti-Graft NGO said it was outraged by allegations in a Bloomberg report claiming that a loose network of
00:56businessmen would purchase shares in locally owned companies before intimidating executives with the help of MACC officials and forcing them
01:04out.
01:05The Bloomberg report alleged that these intimidation tactics involved MACC officers who investigated executives of targeted companies and listed a
01:16series of purported intimidation services carried out by MACC's Section D, the unit in charge of investigating listed companies, market
01:25-related corruption and insider trading.
01:27I'm Anamtha Raja, FMT.
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