Former Malaysian Prime Minister Ismail Sabri Yaakob has declared his wealth in the context of a corruption investigation, following the seizure of nearly $40 million in assets linked to him. The Malaysian Anti-Corruption Commission is examining funding and spending practices during his time in office, and has detained several senior officials as part of the inquiry.
Ismail Sabri Yaakob, the former Prime Minister of Malaysia, has formally declared his assets to authorities, coinciding with a significant anti-corruption investigation. The Malaysian Anti-Corruption Commission (MACC) reported the probe is centered on government spending and procurement practices during his tenure from August 2021 to November 2022, particularly focusing on a large budget allocated for publicity.
This investigation follows the seizure of assets valued at nearly $40 million, purportedly linked to him. He was previously questioned by anti-corruption officials in January 2022 regarding the misappropriation of approximately 700 million ringgit ($157 million) meant for public communication during his administration.
On February 10, Ismail Sabri submitted a wealth declaration as requested by the MACC. He later provided a statement to the agency on February 19, with indications that he may be summoned for further inquiries. In conjunction with this investigation, authorities have detained four senior officials associated with his government and conducted searches at four different locations, retrieving cash totaling 170 million ringgit and 16 kilograms of gold bars in various forms.
The ongoing investigations underscore Malaysia’s commitment to addressing corruption and the scrutiny of public funds, especially in light of the significant amounts involved. This situation continues to develop as investigators pursue clarity and accountability regarding the alleged misconduct under Ismail Sabri’s administration.
In summary, the case involving former Prime Minister Ismail Sabri reflects ongoing efforts in Malaysia to combat corruption, particularly related to public spending during his leadership. The investigation, which has already led to substantial asset seizures and detentions, highlights the serious implications for public officials and the necessity for transparency in governance.
Original Source: www.usnews.com
