MACC says investigating KL Tower deal

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KUALA LUMPUR – The Malaysian Anti-Corruption Commission (MACC) has initiated a probe into the contentious deal involving the takeover of a Telekom Malaysia Bhd’s ™ subsidiary that manages the Kuala Lumpur Tower. 

The Malaysian Insight quoted its chief commissioner Tan Sri Azam Baki as confirming the matter but stopped short of revealing further details on the investigation. 
“Yes, MACC has opened investigation papers,” he said, according to the media report.

This follows a viral social media post earlier this week by Twitter user @FreeMsian highlighting the controversial full ownership transfer of the iconic tower by Menara Kuala Lumpur Sdn Bhd (MKLSB) to a firm named Hydroshoppe Sdn Bhd.

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KL Tower deal: MACC calls in three for questioning

KUALA LUMPUR – Three individuals have been summoned by the Malaysian Anti-Corruption Commission (MACC) to assist in its investigation over the contentious ownership transfer to manage the Kuala Lumpur Tower. 

The anti-graft body said it has also retrieved several documents from relevant quarters for further examination, it said in a statement today.

The investigation is to focus on whether elements of corruption exist in Telekom Malaysia Bhd’s ™ sale of all of its shares in Menara Kuala Lumpur Sdn Bhd’s (MKLSB) to Hydroshoppe Sdn Bhd in October.

“MACC confirms it is investigating the dubious sale of shares over the ownership of KL Tower management.

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