Malaysia arrests ‘well-known’ Tan Sri over US$75 million investment fraud

 

Malaysia arrests ‘well-known’ Tan Sri over US$75 million investment fraud Malaysian anti-corruption authorities have opened two investigation papers into a man bearing the title “Tan Sri” over his alleged involvement in a large-scale investment fraud amounting to more than 300 million ringgit (US$75 million).The Malaysian Anti-Corruption Commission (MACC) had arrested two individuals and carried out searches at five premises around the Klang Valley earlier in the week following information received.Preliminary investigations found that between 2021 and 2024, nearly... Malaysia arrests ‘well-known’ Tan Sri over US$75 million investment fraud putrajaya anti-money laundering prevention division securities commission azam baki klang valley macc top,crime