MACC freezes nearly RM40 million in misappropriation probe

MORE than RM39 million in 192 bank accounts, including money belonging to a former minister and two businessmen with the title “Tan Sri” and their family members, have been frozen following an investigation into the misappropriation of national funds amounting to RM2.3 billion.

The Malaysian Anti-Corruption Commission (MACC) said it has frozen funds in 35 company accounts and 157 personal accounts.