01-19-2022, 12:09 PM
KUALA LUMPUR – The Securities Commission’s (SC) explanation that it could not conclusively find any breach of the securities law committed by Malaysian Anti-Corruption Commission’s (MACC) chief commissioner Tan Sri Azam Baki in relation to his shares procurement cannot be accepted, said Prof Edmund Terence Gomez.
The former member of the MACC’s Consultation and Corruption Prevention Panel said the latest development shows exactly why it was crucial that Azam be made to go on leave pending a probe.
In a statement today, Gomez accused the government of not acting decisively on the issue when it allowed Azam to remain in office while he was being investigated.
He added that the brevity of the SC’s statement – which was four paragraphs long – is shocking, considering the gravity of the allegations.
“Although these allegations were raised by the media, discussed in Parliament, and brought to the attention of the MACC’s advisory board, no independent investigation was undertaken.
“Now that a probe has finally been undertaken, we are told by the SC that it is unable to determine if Azam had breached the law.
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