Police send Azam Baki case to Securities Commission

 

Federal CID director Abdul Jalil Hassan said the report against MACC chief Azam Baki pertained to him allowing his brother to use his trading account to buy shares.

PETALING JAYA: Police have confirmed that a report has been filed against Malaysian Anti-Corruption Commission chief commissioner Azam Baki.

Federal CID director Abdul Jalil Hassan said the report pertained to Azam allowing his brother to use his trading account to buy shares.

“The report has been referred to the Securities Commission (Malaysia) for further action,” he said in a statement this evening.The statement did not confirm whether the police would be conducting any investigations, although law minister Wan Junaidi Tuanku Jaafar said earlier today that Azam was being investigated by both the SC and the police.

Wan Junaidi’s statement comes after Azam’s ownership of one million shares in a public-listed company came to light in mid-December, which led to criticism of the MACC’s Anti-Corruption Advisory Board when it exonerated Azam, saying the purchase of shares by his brother was not a conflict of interest.

Azam had also told the media that he had willingly allowed his younger brother to use his trading account.

However, six members of the advisory board distanced themselves from the statement by board chairman Abu Zahar Ujang, saying Abu Zahar had merely given his personal view in clearing Azam about his corporate shareholding.

Former board member Edmund Terence Gomez then asked the six to confirm if there was a meeting on Nov 24 at which Azam was purportedly exonerated. - FMT