KUALA LUMPUR, February 17 — The Malaysian Anti-Corruption Commission (MACC) has launched an investigation into a RM1.1 billion agreement between the government and a foreign company following complaints that the deal was rushed and potentially lopsided.
Sources said the probe was initiated after several non-governmental organisations submitted documents raising concerns that the proposal may not have secured the necessary approvals from the Ministry of Finance and the Ministry of Investment, Trade and Industry before it was concluded.
An issue that will form a central focus of the investigation. Investigators have obtained relevant documents from the Ministry of Economy and are expected to summon key witnesses, including the ministry’s secretary-general, to clarify the agreement’s implementation.
Concerns have also been raised over possible conflicts of interest, as several individuals were reportedly appointed to senior positions in the foreign firm after leaving the ministry involved in the deal.
MACC Deputy Chief Commissioner (Operations) Datuk Seri Ahmad Khusairi Yahaya confirmed the investigation but declined to elaborate further.
