THE Malaysian Anti-Corruption Commission (MACC) has frozen Bersatu’s accounts just 24 hours after the party declared its 2020 and 2021 transactions. 

MACC chief Azam Baki confirmed this and said two accounts belonging to the party have been frozen to facilitate investigations under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001. 

Azam however declined to reveal further details.

On January 6, MACC remanded a chief executive officer of a company that was the middleman in the distribution of government projects under the economic stimulus package from 2020 to 2022.

The MACC had previously issued a statement regarding the investigation, which focused on the RM92.5 billion in government funds under the economic stimulus and recovery programme under the Perikatan Nasional (PN) government. 

Source told The Malaysian Insight that MACC has opened several investigation papers on at least five people believed to be masterminds or middlemen for several companies to obtain projects worth between RM50 million and RM500 million through direct negotiation. 

On December 15, MACC raided eight government agencies and nine companies as part of its investigation into the alleged misappropriation of RM92.5 billion by the PN-led government. – February 1, 2023.