Yayasan Bank Rakyat ex-chairman Nazir refuses to accept asset declaration notice
Former Yayasan Bank Rakyat chairman Nazir Hussin Akhtar Hussin refused to accept an asset declaration notice from the Malaysian Anti-Corruption Commission. Nazir is currently under investigation for alleged misappropriation of RM10 million and is seeking a court injunction against the order.
Why it matters
This case highlights ongoing anti-corruption efforts in Malaysia and the legal tensions between public officials and investigative bodies.
Nazir Hussin Akhtar Hussin, his wife and his assistant were summoned to MACC’s headquarters today to assist in an investigation into alleged misappropriation and abuse of power in an investment deal worth about RM10 million.
PETALING JAYA: Former Yayasan Bank Rakyat chairman Nazir Hussin Akhtar Hussin has refused to accept a notice of asset declaration from the Malaysian Anti-Corruption Commission.
MACC chief commissioner Abd Halim Aman said Nazir refused to accept the notice because he had applied to the Kuala Lumpur High Court for an injunction to prevent enforcement of the order under Section 36 of the MACC Act 2009.
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