MACC Opens Probe Into US$13m Overseas Property Allegedly Tied to 1MDB Funds

MACC probes overseas properties worth RM59mil linked to 1MDB

Anti-graft agency chief Abd Halim Aman says MACC is investigating possible corruption, money laundering and asset recovery after allegations involving luxury properties.

MACC opens probe into US$13m overseas property allegedly tied to 1MDB funds

PUTRAJAYA, July 9 — The Malaysian Anti-Corruption Commission (MACC) has launched an investigation into the alleged ownership and transfer of a luxury property overseas estimated to be worth US$13 million (approximately RM59 million), believed to be linked to proceeds from the illegal misappropriation of funds from 1Malaysia Development Berhad (1MDB).MACC chief commissioner Datuk Seri Abd Halim Aman said the investigation, codenamed Op Agam, comm…

Op Agam: MACC, FBI Probe USD13m US Asset Linked to 1MDB

PUTRAJAYA, July 9 — The Malaysian Anti-Corruption Commission (MACC) has initiated a high-level cross-border investigation into the ownership and transfer of a luxury property in the United States valued at USD13 million (approximately RM59 million), suspected to have been acquired using misappropriated funds from siphoned 1Malaysia Development Berhad (1MDB) accounts. The tracking operation, codenamed Op Agam, officially commenced on June 15 to d…

MACC probing alleged US$13 mil luxury property tied to 1MDB funds

PUTRAJAYA (July 9): The Malaysian Anti-Corruption Commission (MACC) has launched an investigation into the alleged ownership and transfer of a luxury...