Former PKR vice-president Sivarasa Rasiah has launched a scathing attack against businessperson Victor Chin, following the latter’s claim that a PKR MP had received RM9.5 million as payment to resolve issues linked with the “corporate mafia”.
In a series of X posts, he branded Chin an “imitator” of Albert Tei, the whistleblower who exposed a massive corruption scandal in Sabah, which implicated at least 15 politicians and state leaders in November 2024.
Asserting that Chin should “just lodge a police report” and hold a press conference to clarify his claims, the former three-term MP called on the businessperson to show “evidence”, including identifying the lawmaker involved.
“Stop this foolish theatrics! And then, let the police do their job, and let whoever he (Chin) names respond,” Sivarasa said.
“If (Chin) does not lodge a police report and publicly disclose the person and details the evidence he has, his so-called 40-page document is worth less in value than the paper it is on and ought to be shredded and recycled as toilet paper.”
Yesterday, in a 40-page document detailing a chronology of events surrounding his alleged issues with the “corporate mafia,” Chin said the lawmaker had asked him to arrange RM10 million in cash to resolve the businessperson’s problems.
“I managed to arrange RM9.5 million initially, but the remaining RM500,000 was never passed to him, as this MP did not resolve the matter. None of the money was ever passed to the corporate mafia gang.
“I am issuing a message to this MP: Please return the RM9.5 million before March 30, 2026, or I shall expose your identity,” the document stated, noting that the funds were transferred to the parliamentarian on Oct 18 last year.
In a statement attached to the document, Chin also reiterated his plea for Inspector-General of Police Khalid Ismail to “uncover the truth” behind the alleged dealings of the “corporate mafia”.
Probe into the mafia
Last month, Bloomberg named Chin as part of a network of businesspeople who allegedly colluded with the MACC to stage corporate takeovers of rivals.
However, Chin has said that any investigations into the allegations must cover the “roles and conduct” of the MACC and police, adding that he supports the calls for a royal commission of inquiry (RCI).
He also argued that he has been victimised and “cornered by the mafia”, which he claimed has leveraged on government agencies.
On March 11, government spokesperson Fahmi Fadzil said the cabinet has ordered the police, Inland Revenue Board, MACC, and Securities Commission, among others, to investigate the “corporate mafia” claims.
The move has since garnered the ire of certain quarters, including the Center to Combat Corruption and Cronyism (C4), which stressed that an RCI would be the best way forward, as questions will persist if the MACC is allowed to investigate itself.
MACC has firmly denied the accusations that its officers are involved in the “corporate mafia,” dismissing such claims as baseless and part of a smear campaign to undermine the agency’s reputation. - Mkini
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