MACC probe focusing on procedures, not finances, says Rafizi

 Ex-economy minister says none of the questions from MACC officers so far touched on money flows or payments.

Former economy minister Rafizi Ramli arrived at the MACC headquarters in Putrajaya at 1.50pm to continue giving his statement for a third day.

PUTRAJAYA:

 Investigations into Rafizi Ramli in relation to a RM1.1 billion investment deal with UK-based Arm Holdings have so far centred on procedural matters rather than financial transactions, according to the former economy minister.

Rafizi told reporters outside the Malaysian Anti-Corruption Commission headquarters here today none of the questions from officers touched on money flows or payments, contrary to earlier claims.

“There were no questions on financial transactions. As I’ve said, the questions so far have been about joint venture decisions and procedures,” he said.

Rafizi arrived at the MACC headquarters at 1.50pm to continue giving his statement for a third day, assisting investigations into alleged abuse of power and misappropriation linked to the deal with the semiconductor firm.

MACC opened its investigation on Feb 16 following complaints from several NGOs alleging the deal was rushed and skewed, potentially resulting in financial implications for the government. - FMT