Securities Commission to call up Azam Baki’s brother over MACC chief’s stock trading

[superadmin]

KUALA LUMPUR, Jan 13 — The Securities Commission of Malaysia (SC) will be calling up the brother of Tan Sri Azam Baki for an interview over alleged violation of stock trading laws by the Malaysian Anti-Corruption Commission (MACC) chief commissioner.

According to sources familiar with the matter, Nasir Baki is set to give his statement to the regulatory body soon as to why and whether he chose to use his brother’s share trading account to buy shares in 2015, since it was understood that he has his own trading account.

Malay Mail also understands that investigators will be looking into any financial transactions between the two brothers to determine whether an offence has been committed under the Securities Industry (Central Depositories) Act (SICDA).

Malay Mail has contacted the SC for verification and further comments.

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