Now MACC to submit investigation papers on Zeti, ex-minister

 

MACC and the police have both carried out investigations into former Bank Negara governor Zeti Akhtar Aziz, her husband Tawfiq Ayman, and former minister Nor Mohamed Yakcop.

PETALING JAYA: The Malaysian Anti-Corruption Commission is to submit to federal prosecutors its investigation papers on former Bank Negara governor Zeti Akhtar Aziz’s ties to 1MDB, FMT has learned.

A high level source close to the matter also said that the investigation report on former finance minister Nor Mohamed Yakcop would also be sent to the Attorney-General’s Chambers (AGC), which has powers to decide on any prosecution.

The MACC investigation comes in the wake of a similar investigation into Zeti’s family by the police, which submitted its report to the AGC last month.

The source said the MACC report will be handed over to the police who are investigating Zeti’s husband, Tawfiq Ayman.

MACC would focus on the recovery of assets linked to 1MDB amounting to RM65 million. The money is linked to Cutting Edge Industries Ltd, a company co-owned by Tawfiq and Samuel Goh, who was a senior officer at NTUC Income, a Singapore insurance and investment planning company.

It was previously reported that Goh had admitted in a 2016 trial in Singapore, that he had assisted former BSI banker Yeo Jiawei in setting up fake bank accounts, including one for Aabar Investment PJS Ltd (BVI), for a fee of US$4 million.

In March last year, it was reported that police had begun investigations into 1MDB-related funds which were allegedly transferred to a bank account that Tawfiq owns in Singapore.

Singapore police were reported to have informed Bank Negara of suspicious transactions in 2015 and 2016 involving a company owned by Zeti’s husband and one of her sons, with funds coming in from accounts linked to Low Taek Jho, better known as Jho Low, the alleged mastermind of the 1MDB financial scandal.

Zeti was the BNM governor at the time.

Last week it was reported that both Zeti and Mohamed were being investigated by MACC for misconduct. According to Utusan Malaysia, the investigations pertained to the MACC Act 2009 and the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001. - FMT