MALAYSIAN ANTI-CORRUPTION COMMISSION

Malaysian NGO Urges Broader Probe into Civil Servant Loan Scam

By Nithya Subramanian | 17/06/2025

The MHO is urging a wider investigation into a loan scheme that allegedly defrauded civil servants, as part of a larger corruption and money laundering probe under MACC’s Op Sky.

Enforcement

ASIC Warns Payday Lenders Over Potential Regulatory Breaches

By Thisanka Siripala | 14/03/2025

ASIC found that some payday lenders have structured their business models to avoid consumer protection obligations.

AML / KYC

Malaysia Investigating Banks Over Loan Fraud Scheme

By Nithya Subramanian | 28/01/2025

MACC has frozen funds linked to 98 bank accounts, arrested 21 individuals and seized luxury assets. 5-6 banks are being investigated.

Enforcement

Fugitive Singaporean Tycoon Nabbed After Absconding for 19 Years

By Nithya Subramanian | 04/12/2024

The tycoon and his wife were arrested in Malaysia after allegedly embezzling over $51mn and fleeing Singapore in 2005.

AML / KYC

Malaysia Freezes Bank Accounts, Makes Arrests in Bribery Probe

By Editors | 30/08/2023

The probe involves more than MYR 6 million in bribes allegedly paid to prominent figures and political leaders by a gambling company.

AML / KYC

1MDB: Ex-BNM Governor’s Husband Embroiled in Police Probe

By Sanday Chongo Kabange | 04/03/2022

The police, rather than the anti-corruption commission, are investigating Datuk Tawfiq Ayman and his alleged involvement in 1MDB.

AML / KYC

Singapore Repatriates Another $16.3m of 1MDB Funds to Malaysia

By Editors | 21/11/2021

Total 1MDB assets amounting to $4.9bn have now been returned. Asset recovery is still being pursued in the US, UAE, Taiwan, Singapore, and Hong Kong, among other countries.

Securities / Derivatives

Bursa Malaysia to Add Anti-Corruption Measures to LEAP Market Rules

By Editors | 09/03/2020

Bursa Malaysia seeks feedback on whether the requirements for LEAP Market companies to implement anti-corruption and whistle-blowing measures should be principle-based or prescriptive.

AML / KYC

Malaysia Passes Bill to Form New Anti-Financial Crime Body

By Editors | 13/10/2019

Expected to launch in January, the National Anti-Financial Crime Centre (NAFCC) will coordinate the efforts of 12 enforcement agencies to tackle financial crime.