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Shareholding controversy: Attorney General to lead probe into allegations against Azam

Once completed, the findings and recommendations of the committee will be handed to the PM, for further action

9:26 AM MYT

 

KUALA LUMPUR – Attorney General Tan Sri Mohd Dusuki Mokhtar has been appointed Chairman of a Special Investigation Committee to look into the issue of share ownership involving Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Tan Sri Azam Baki.

Chief Secretary to the Government Tan Sri Shamsul Azri Abu Bakar, in a statement yesterday, said that the committee also comprises Public Service Department director-general Tan Sri Wan Ahmad Dahlan Abdul Aziz and Treasury secretary-general Datuk Johan Mahmood Merican.

“This committee will conduct a detailed investigation to ensure due process and fairness to the individual concerned.

“The findings and recommendations will be submitted to the Prime Minister and the relevant disciplinary authority for further consideration in accordance with established procedures,” he said.

Bloomberg had reported that Azam held shares in a financial services company based on corporate filings.

However, in a recent press conference, Azam said that his RM800,000 shareholding in the company was acquired transparently and in accordance with procedures.

He said the matter had been fully declared and that the shares, which were purchased last year, had already been disposed of within the same year.

Bukit Aman Criminal Investigations Department (CID) director Datuk M Kumar.– Bernama file pic, February 14, 2026

Meanwhile, the investigation into the alleged defamatory report against Azam will be handled by the Classified Criminal Investigation Unit (USJT), Prosecution Division (D5) of the Criminal Investigation Department (JSJ) at Bukit Aman.

This was confirmed by Bukit Aman Criminal Investigations Department (CID) director Datuk M Kumar after his department received a police report today concerning Azam’s alleged share ownership in a company, as claimed by an international news agency.

He said investigations were being carried out into the publication of an article published on Feb 10 by the international news agency, suspected of containing defamatory statements alleging that Azam owned 17.7 million shares in a company.

“Investigations are being conducted under Section 500 of the Penal Code for defamation and Section 233 of the Communications and Multimedia Act 1998 for improper use of network facilities or network services,” Kumar said in a statement today.

Kumar said investigations were ongoing and the public was reminded not to make any speculation on the case while police completed their probe in respect of the principle of criminal justice in the country.– February 14, 2026

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