Anwar: Madani anti-money laundering enforcement actions net RM4b up to 2026

Malaysian Prime Minister Anwar Ibrahim announced during a recent parliamentary session that enforcement agencies have frozen up to RM4.3 billion in funds and 2.1 million shares by 2026 as part of ongoing anti-money laundering operations. The increase in criminal charges against individuals and entities related to white-collar crime has more than tripled since 2017, with the Securities Commission initiating 239 criminal charges in 2022-2026 compared to 76 in 2017-2021.

The crackdown on corporate crime includes criminal acquisition and takeover of companies, stock market manipulation, violations of corporate disclosure and regulatory laws, and illegal money-lending activities. So far, the government has seized an additional RM1 billion along with 2.1 million shares, while other enforcement actions have resulted in RM48 million in forfeited assets and RM1.1 billion in financial compounds issued to offenders.

However, an additional sum of more than RM3 billion remains subject to ongoing court forfeiture proceedings.

Brief written by urgent.news from Malay Mail's own syndicated text. Machine-written — may contain errors; check the original before relying on it.