MACC Freezes 21 Accounts, Seizes Two Hotels in Navy Procurement Corruption Probe

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The Malaysian Anti-Corruption Commission (MACC) has frozen 21 bank accounts and seized two hotels worth approximately RM2 million as part of an investigation into alleged corruption involving procurement within the Royal Malaysian Navy.

According to a source, the investigation centres on several companies suspected of paying bribes to obtain recommendations and appointments for firms linked to a senior navy officer.

The frozen accounts include seven corporate accounts and 14 individual accounts, containing a total of about RM700,000.

MACC is also working with the Accountant General’s Department to verify tenders and quotations linked to the companies under investigation.

In addition, the MACC Intelligence Division has seized two hotels believed to be owned by the senior officer. Authorities are currently tracing other assets linked to the suspect and identifying company owners who allegedly conspired in the scheme.

MACC Intelligence Division senior director Datuk Saiful Ezral Arifin confirmed the developments and said statements have been recorded from seven individuals so far.

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