Bloomberg has 14 days to respond to Azam’s LOD, meanwhile calls for his suspension grows

 

TAN SRI Azam Baki has warned that legal action will be taken against Bloomberg should the publication fail to reply within 14 days to a letter of demand (LOD) issued to it.

Acting through legal firm Zain Megat & Murad, Azam is pursuing RM100 mil in damages over a Bloomberg report he claims has damaged his reputation and professional credibility.

According to media reports, the LOD was served in response to an article alleged to be defamatory, which raised claims that he held millions of shares in a financial services company.

Meanwhile, the call for his suspension continues to grow in strength. DAP adviser Lim Guan Eng and acting president of MUDA Amira Aisya Abdul Aziz have separately called for Azam to be suspended to allow investigations to proceed in a transparent and independent manner.

Lim said the MACC chief has once again become the subject of controversy over his shareholdings, citing reports based on records from the Companies Commission of Malaysia.

Amira, meanwhile, argued that questions surrounding Azam’s credibility have persisted since 2021, particularly in relation to the issue of share ownership.

It is understood that the LOD has been delivered to Bloomberg’s offices in both the United States and Malaysia.

In a statement, the law firm described the article as “defamatory, irresponsible and highly misleading”, contending that it not only caused serious personal harm to Azam but also compromised the dignity and integrity of the office of the Chief Commissioner of the Malaysian Anti-Corruption Commission. —Focus Malaysia