RM600b issue: MACC’s probe to focus on RM92.5b only

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The Malaysian Anti-Corruption Commission’s (MACC) investigations on the alleged misappropriation of RM600bil by a previous government will now only be focused on RM92.5 billion.

Mohd Sahar Misni/The Star

The anti-graft body said this was because only that amount involved public funds out of the RM530 billion spent by the government in 2020 and 2021.

In a statement on Friday (Dec 9), MACC said the Finance Ministry has provided it with details on the breakdown of the funds under the economic stimulus packages in 2020 and 2021 for Covid-19 management.

“Initial investigations found that an estimated RM530 billion was allocated.

“Based on that amount, RM92.5bil involved government funds while RM437.5 billion was not from government funds.

“Therefore, the focus of MACC’s investigation will be on the RM92.5 billion ,” it said.

It added that the Finance Ministry is currently detailing the breakdown and would submit it to MACC next week.

On Tuesday (Dec 6), it was reported that the MACC had opened an investigation paper on the alleged misappropriation of RM600 billion in funds by a previous government.

Prime Minister Datuk Seri Anwar Ibrahim had said that he would leave it to the investigation body to look into the issue.

Tan Sri Muhyiddin Yassin was reported as saying that he was not afraid to be investigated over allegations of misappropriation of government funds amounting to RM600bil when he was prime minister. – The Star