Investigation related to Ismail Sabri: MACC seizes RM170 million in cash, RM7 million in gold bars
Astro Awani
02/03/2025
MACC said the seizure was carried out during a search of a residence and three offices believed to be used as a 'safehouse'.
KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has confirmed the seizure of RM170 million in cash in various foreign currencies including Baht, Riyal, Pound Sterling, Won, Euro, Swiss Franc and Yuan as well as the seizure of 16 kilogrammes of pure gold bars estimated to be worth RM7 million in connection with the corruption and money laundering investigation against former Prime Minister Datuk Seri Ismail Sabri Yaakob.
MACC has seized RM170 million in cash in various foreign currencies and 16 kilograms of gold worth RM7 million in a corruption and money laundering investigation against former Prime Minister Datuk Seri Ismail Sabri Yaakob.
The seizure was carried out during searches at homes and offices believed to be safehouses, following an investigation into four senior Ismail officers who were arrested last month.
Ismail had declared his assets in February, and MACC will summon 10 more individuals to assist in investigations focused on expenditure and procurement of funds during his time at the helm of the country.
MACC said the seizure was carried out during a search of a residence and three offices believed to be used as a 'safehouse'. The search was carried out as a result of an investigation conducted on four senior Ismail officers who were arrested last month.
According to him, the Bera MP came to the MACC headquarters in Putrajaya on Feb 19 to record his statement.
"However, MACC has not ruled out the possibility that he will be recalled to assist in the investigation," he said in a statement here on Sunday.
MACC added that prior to that, on Dec 11, Ismail was instructed to declare his assets under Section 36(1) of the MACC Act 2009 and he officially declared the assets on Feb 10.
MACC added that it will summon 10 more individuals in the near future to assist in the investigation.
According to MACC, the investigation focused on expenditure and procurement of funds for promotional and publicity purposes when he led the country.
MACC reiterated that the investigation will be conducted independently, professionally, and in accordance with the law in force.
MACC is also committed to ensuring that any form of misconduct related to corruption and money laundering is dealt with strictly in the interest of the country.
