MACC’s KWAP eFishery probe is almost done at home — now it’s waiting on overseas banks

KUCHING, Aug 13 — The Malaysian Anti-Corruption Commission (MACC) has concluded its domestic investigation into the Retirement Fund Incorporated's (KWAP) RM163.4 million investment in Indonesian aquaculture firm eFishery, finding no evidence of criminal wrongdoing related to corruption or misappropriation. Chief commissioner Datuk Seri Abd Halim Aman stated that the full findings will be released once investigators acquire financial information and documents from overseas banks, such as those in Singapore and Indonesia.

So far, 19 individuals, including officers from KWAP, the Finance Ministry and Khazanah, have provided statements for the investigation, and no arrests have been made yet. The probe remains ongoing, with investigators actively seeking statements from identified witnesses currently overseas. Abd Halim explained that the domestic investigation is nearly complete and that they are awaiting procedures to obtain Mutual Legal Assistance from several countries.

While there should be no issues with the process, the transfer of information may take some time as specific legal procedures need to be followed.