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MACC seizes documents related to RM92.5 billion Covid funds

Kalidevi Mogan Kumarappa2 years ago17th Dec 2022News
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A source from the Malaysian Anti-Corruption Commission says the eight government agencies in yesterday’s raid were found to have received large allocations through stimulus packages approved by the Perikatan Nasional-led government in 2020 and 2021. – The Malaysian Insight file pic, December 17, 2022.
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THE Malaysian Anti-Corruption Commission (MACC) has seized several documents following raids at eight government agencies and nine companies yesterday in an investigation into the alleged misappropriation of RM92.5 billion by the previous Perikatan Nasional-led government.

A source from the anti-graft body said the eight government agencies were found to have received large allocations through stimulus packages approved by the then government in 2020 and 2021.

“Following the raid at eight government agencies, the MACC also conducted a follow-up raid on nine companies to obtain documents related to the acquisition of the projects.

“The nine companies are the main suppliers to the eight government agencies,” the source added.

The source said MACC would now comb through the documents to see if there are any elements of corruption, abuse of power or irregularities.

Previously, the agency said its investigation into the purported abuse of Covid-19 stimulus packages would focus on the RM92.5 billion spent by the previous government.

In a statement, MACC said the Finance Ministry had provided it with details on the breakdown of the funds under the economic stimulus packages in 2020 and 2021 related to Covid-19 management.

It said initial investigations found that an estimated RM530 billion was allocated. Based on that amount, RM92.5 billion involved government funds while RM437.5 billion was not government funds.

Subsequently, it was reported that MACC would summon former prime minister Muhyiddin Yassin and two former ministers to facilitate the investigation into the matter. – December 17, 2022.

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