KUALA LUMPUR, Jan 9 — Transparency International Malaysia has today called for the establishment of an independent investigation body to probe Malaysian Anti-Corruption Commission chief Tan Sri Azam Baki, who is currently embroiled in controversy over stocks acquired back in 2015.
“We urge the government to commission an independent investigation body consisting of properly qualified and independent persons to uncover the facts of the case and determine if any laws or rules were broken. “TI-M believes that only prompt affirmative action and transparency from the government will help to protect the integrity and reputation of the MACC and the fight against corruption and abuse of power in our country,” Muhammad said.
Citing Section 25 of the Securities Industry Act, the SC said every securities account opened with a central depository must be in the name of the beneficial owner of the deposited securities or in the name of an authorised nominee.