Anwar says SC pursued fresh Serba Dinamik charges under Madani, AG task force report to be made public within three months

In a recent development at Parliament, Prime Minister Datuk Seri Anwar Ibrahim disclosed that the Securities Commission (SC) had pursued fresh charges against Serba Dinamik Berhad under the Madani administration. The corporate scandal involving Serba Dinamik had resulted in significant financial losses for shareholders, with the company's market capitalization plummeting from RM6 billion to approximately RM50 million over a two-year period.

Anwar stated that the initial charges against Serba Dinamik and its managing director, Datuk Mohd Abdul Karim Abdullah, were filed in December 2021 for false statements submitted to Bursa Malaysia. However, following the payment of RM16 million in compounds, these charges were withdrawn, leading to the court acquitting all accused parties.

Under the current leadership, Anwar claimed that the SC had initiated further investigations into other transactions involving Datuk Karim, resulting in new charges being filed in early 2026 related to transactions and false statements involving Sarawak Consolidated Industries Berhad.