Urgent.News

What's breaking now, across thousands of outlets.

World

2 pegawai SPRM, bekas pegawai diperintah bela diri kes rompak hampir RM950,000

Mahkamah Tinggi memutuskan mahkamah rendah terkhilaf membebaskan tertuduh dan persoal mengapa harta didakwa dirampas semasa siasatan dibawa ke rumah mereka.

2 pegawai SPRM, bekas pegawai diperintah bela diri kes rompak hampir RM950,000

Former Chairman of the Bank Rakyat Foundation, Nazir Hussin Akhtar Hussin, has accused the Malaysian Anti-Corruption Commission (SPRM) of misusing its powers during their investigation into the alleged misuse and misappropriation of nearly RM10 million worth of investments. Nazir expressed his dissatisfaction with the professionalism of SPRM, stating that only one day out of the seven days they were present at his and his brother's residences was dedicated to questioning him about the RM10 million YBR investment case.

The rest of the time, he claims, was spent questioning him about political matters that had no bearing on the investigation. Nazir further stated that previous investigations by SPRM in 2022 found no evidence of wrongdoing or misappropriation related to the case. He has humbly requested the Attorney-General's Chambers to examine the matter impartially and fairly, so he is not unfairly targeted or used as a scapegoat by specific parties.

Nazir believes the public has the right to know the true facts and is ready to cooperate with any lawful process. Regarding the RM10 million investment allegation, Nazir insists that no money was lost, and instead, the investments were made based on principles of good governance, due diligence, and proper management. The YBR received RM1.85 million in returns from the investment, which are regularly credited to the YBR account every three months during the investment period.

However, Nazir clarified that the investment was terminated in November 2022. He also denied accusations of misusing his position as the YBR chairman to make investments in a company owned by his brother, stating that his brother was one of the investors in the company after YBR made the investment. In the media briefing, Nazir expressed disappointment in SPRM for posting related messages on their official TikTok account "SPRM Malaysia" alongside popular movie song "Ali Baba Bujang Lapok."

He emphasized that such behavior is unprofessional as it may create a negative perception among the general public, even though he has not been accused or proven guilty in a court of law. Earlier today, SPRM's Chief Spokesperson, Abd Halim Aman, confirmed the release of two corporate colleagues involved in the investigation with a SPRM warrant, worth approximately RM31 million, high-end motorcycles worth approximately RM5 million, five luxury watches, three luxury rings, and approximately RM30,000 in cash, as well as the freezing of two personal accounts worth approximately RM2 million.

Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at freemalaysiatoday.com →

More in World

2 Ex-Convicts, another granted GH¢150k bail over Nungua MoMo shop robbery

The Circuit Court in Accra, presided over by His Honour Kwabena Kodua Obiri-Yeboah, has granted bail to three persons accused of breaking into a mobile money shop at Nungua Barrier and stealing a…

  • Richard Konotey, Mohammed Obuor, and David Degbor charged with Nungua MoMo shop robbery
  • Accused individuals granted GH¢150,000 bail each with two sureties
  • Case adjourned until November 11, 2026

More from Friday 9 October →