Siasatan terhadap pelaburan KWAP dalam eFishery masih jalan
Siasatan belum menemukan sebarang unsur salah laku jenayah melibatkan rasuah atau penyelewengan berkaitan pelaburan KWAP dalam eFishery.
The Malaysian Finance Ministry has disclosed that the Serious Fraud Investigation Unit (SPRM) is still investigating the investment by the KWAP (Kumpulan Wang Persaraan Diperbadankan) in the Indonesian aquaculture technology company, eFishery. The investigation has found no evidence of any criminal wrongdoing related to corruption or fraud concerning KWAP's investment in eFishery, as reported by media on August 13, 2026.
KWAP is cooperating with relevant authorities and the investment consortium to take appropriate action against those responsible for the misconduct. The ministry also stated that efforts are being made to maximize the recovery of investment value, as reported in Parliament. The information addresses questions from the Deputy Prime Minister (PN-Sabak Bernama) regarding confirmation of KWAP's investment of approximately RM200 million in eFishery, which was exposed to fraud.
The ministry also requested clarification on the parties who approved the investment and are responsible for the failure, as well as whether KWAP will take action against the concerned parties. According to the Finance Ministry, the investment in eFishery has undergone a review and management process, including the confirmation of an internationally reputable external auditor based on available information at that time.
However, the company has since been found to be involved in financial manipulation and misrepresentation of facts in the company's financial report. This occurred despite the review process covering internal audits, independent verification, and a financial, legal, and operational assessment before the investment approval. Some major global institutional investors have also suffered losses due to the misconduct.
The ministry disclosed that the actual KWAP investment in eFishery amounted to RM163.4 million, representing approximately 2.51% of the company's shareholding. KWAP holds a minority stake in eFishery, while a majority of the company's shares are held by other investors, including major global institutional investors.
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.
