Former Malaysian Prime Minister Ismail Sabri Yaakob has declared his wealth to the anti-graft agency amid a corruption investigation involving nearly $40 million in seized assets. The investigation focuses on public expenditure during his time in office. Four senior officials have been detained, and a significant amount of cash and gold was seized during the operation.
KUALA LUMPUR (Reuters) – Ismail Sabri Yaakob, the former Prime Minister of Malaysia, has formally declared his wealth to the Malaysian Anti-Corruption Commission (MACC) in relation to a corruption and money laundering investigation. This declaration follows the seizure of assets amounting to nearly $40 million, which are allegedly linked to him. The MACC’s inquiry pertains to government expenditures on publicity and procurement during Ismail Sabri’s term from August 2021 to November 2022.
The anti-graft agency reported that they interrogated Ismail Sabri in January of the previous year concerning potential misconduct related to approximately 700 million ringgit ($157 million) allocated for government publicity during his administration. As part of the investigation, Ismail Sabri submitted a wealth declaration to the authorities on February 10, following a directive from the MACC. Additionally, he provided a formal statement on February 19, with the possibility of further questioning pending.
In connection with this investigation, four high-ranking officials who served under Ismail Sabri have been detained, while the MACC conducted raids at four different locations. The agency reported seizing cash totaling 170 million ringgit in various currencies, alongside 16 kg of gold bars. Further details regarding the raids were not disclosed by the agency.
In conclusion, Ismail Sabri Yaakob’s formal declaration of wealth to the Malaysian Anti-Corruption Commission marks a significant development amidst a major corruption investigation involving substantial asset seizures. This inquiry focuses on alleged misconduct during his premiership related to government publicity spending. The situation underscores ongoing efforts to tackle corruption at high levels within the Malaysian government framework.
Original Source: www.usnews.com
