MACC brings back alleged Jho Low associate

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The Malaysian Anti-Corruption Commission (MACC) has repatriated and questioned a suspect, who had fled the country in 2018, over alleged involvement in the 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd (SRC) scandals.

Yusof Mat Isa

According to a MACC statement, the suspect is believed to be an associate of wanted fugitive Low Taek Jho and had received money embezzled from 1MDB and SRC.

The man, who absconded in 2018, arrived at Kuala Lumpur International Airport 2 on Wednesday at 3.30am, the MACC said.

He was then ordered to appear at the MACC headquarters in Putrajaya the following morning at 10am.

MACC officers took his statement, and his home was searched on the same day.

The agency said the suspect was believed to have received 1MDB and SRC funds through a bank account under the name of Wright Shaw Limited.

Previously, the MACC and Singapore’s Commercial Affairs Department had frozen this account and seized $US5.2 million (RM23.1 million).

The MACC also said the man had illicitly received 1MDB funds through Yayasan Rakyat 1Malaysia (YR1M).

MACC chief Azam Baki confirmed the matter, and said the agency is still tracing missing funds and suspects at large.

The MACC said it has so far managed to recover 70% of 1MDB’s misappropriated assets, totalling RM28.3 billion. – TMI