WorldNewsDeveloping story

Anwar announces public report on Malaysia’s ‘corporate mafia’ allegations

An attorney-general-led committee will investigate claims involving businessmen and anti-graft officials, with a report due within three months.

The Malaysian Parliament building in Kuala Lumpur.
File photograph of the Malaysian Parliament building in Kuala Lumpur, photographed on 17 January 2014. Photo by CEphoto, Uwe Aranas or alternatively © CEphoto, Uwe Aranas — Kuala Lumpur Malaysia Bangunan Parlimen Malaysia-01 — Photo by CEphoto, Uwe Aranas (resized and converted to WebP). CC BY-SA 3.0.Image sourceImage licence: CC BY-SA 3.0
WhatsAppXLinkedInEmail
Save for later

Malaysia’s Prime Minister Anwar Ibrahim announced in Parliament in Kuala Lumpur on 20 October that a special committee will investigate allegations that businessmen colluded with anti-graft officials to remove company executives. He said its full report would be made public within three months, a commitment that puts the government’s response to the allegations under scrutiny.

The attorney-general will chair the committee, which will include the Malaysian Anti-Corruption Commission (MACC), police, the central bank and other agencies. Anwar said it would investigate corporate crime and prepare a full report. “I asked that the report be made public,” he said. “This will show nothing is being protected.”

Earlier inquiries and denials

The allegations emerged in a Bloomberg News report in February, according to reporting carried by The Straits Times. The MACC denied the allegations. Its former chief commissioner, Azam Baki, also denied wrongdoing after a separate report raised questions about his shareholdings. The allegations prompted protests and calls for a Royal Commission of Inquiry.

In March, Anwar’s Cabinet ordered law-enforcement agencies, including the MACC, to investigate allegations involving businessmen and the anti-graft agency. Home Minister Saifuddin Nasution Ismail said in June that police had found no evidence of MACC involvement after interviewing 58 people. The new committee’s findings remain to be determined.

A separate, three-person inquiry led by the attorney-general examined Azam’s shareholdings and reported its findings to the Cabinet. That report has not been made public, and no subsequent action had been announced. Communications Minister Fahmi Fadzil said in April that the government would make findings freely available once both investigations were complete, describing it as a Cabinet commitment.

Pressure for a wider inquiry

The Democratic Action Party, part of Anwar’s ruling coalition, has called for a Royal Commission of Inquiry. Four lawmakers have quit Anwar’s party; the most recent, party treasurer Lee Chean Chung, said earlier in October that the government had not shown a serious commitment to an inquiry into the allegations.

The South China Morning Post reported that Anwar’s coalition suffered defeats in three state elections over the past year and that former supporters accused it of abandoning promised reforms. Against that political backdrop, the promised public report gives the government a timetable for addressing a dispute that has already tested confidence in its anti-corruption efforts.

Read in depth: World

Sources and context

AI-assisted article checked against the listed sources. NewsJaws did not conduct interviews or attend the reported events.

Topics in this story

About NewsJaws Desk

AI-assisted reporting and explainers reviewed against the linked source documents. No claim of on-scene reporting or original interviews.

More from NewsJaws Desk

More from World

See all