Nazir Hussin spends 2 hours at MACC over asset declaration notice
PUTRAJAYA: Former Yayasan Bank Rakyat chairman Datuk Seri Nazir Hussin Akhtar Hussin spent about two hours at the Malaysian Anti-Corruption Commission (MACC) headquarters.
Former Yayasan Bank Rakyat chairman Nazir Hussin spent around two hours at the Malaysian Anti-Corruption Commission (MACC) headquarters. He received a notice under Section 36 of the MACC Act 2009, which mandates individuals to disclose their assets. Nazir's legal team filed an injunction application at the Kuala Lumpur High Court the previous day, challenging the notice and aiming to prevent the MACC from enforcing it.
Despite the pending application, Nazir expressed concern about the possibility of arrest by the MACC and urged the commission to abide by the legal process. On October 1, the MACC detained two corporate executives, aged in their 40s and 50s, for five days to aid investigations into allegations of collusion and abuse of power related to a RM10 million investment.
The initial probe revealed that the brothers allegedly collaborated with an officer of an education foundation to endorse an investment in a company owned by the elder brother in 2020.
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