SC can’t confirm if Azam broke the law over share ownership

[superadmin]

PETALING JAYA: The Securities Commission Malaysia (SC) says it cannot “conclusively establish” if Malaysian Anti-Corruption Commission (MACC) chief Azam Baki broke the law over his ownership of shares.

“The SC has concluded its inquiry and based on the evidence gathered, the SC is not able to conclusively establish that a breach under section 25 (4) of the Securities Industry (Central Depositories) Act 1991 (Sicda).”

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