Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Mar 09, 2020

Malaysia Names New Anti-Graft Agency Chief to Lead 1MDB Probe

(Bloomberg) -- Malaysia has appointed Azam Baki to lead its anti-graft agency after the previous chief stepped down following a change of government.

His appointment is effective Monday, according to a statement issued by the prime minister's office. Azam, who was deputy chief commissioner for operations at the Malaysian Anti-Corruption Commission, replaces Latheefa Koya, who had led the probe into the 1MDB scandal with a focus on recouping the billions of dollars allegedly stolen from the state fund.

Why Malaysia's Politics Are Messy and What's at Stake: QuickTake

The agency is at the center of the renewed investigation into the 1MDB scandal as well as other graft cases across Malaysia. The MACC, as the commission is known, is also looking into corruption allegations involving AirAsia Group Bhd.'s deals with Airbus SE.

To contact the reporter on this story: Yantoultra Ngui in Kuala Lumpur at yngui@bloomberg.net

To contact the editor responsible for this story: Yudith Ho at yho35@bloomberg.net

©2020 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search