adminKUALA LUMPUR: The Royal Malaysian Police (PDRM) has confirmed that businessman Victor Chin Boon Long, who is alleged to be involved in corporate manipulation linked to the Malaysian Anti-Corruption Commission (MACC), is currently abroad.
Inspector-General of Police Datuk Seri Mohd Khalid Ismail said his department was intensifying efforts to track down Victor by seeking cooperation from foreign authorities.
“So far, we are still conducting investigations and have found that there are several matters that need to be taken action based on the AMLA law, and everyone is aware that he is currently abroad.”
“Efforts are currently being made to obtain cooperation from many parties,” he said in a press conference, here today.
On March 16, the police confirmed that they had raided several premises owned by corporate figure Victor Chin, around Kemensah and Sungai Long, Kajang, but he and his wife were not at the location when the raids were carried out.
Mohd Khalid said the raid, which was carried out jointly with the Securities Commission (SC), was to assist in the investigation of cases under the AMLA.
Previously, Communications Minister Datuk Fahmi Fadzil said the Cabinet had instructed several enforcement agencies including the Royal Malaysian Police, SC, MACC and the Inland Revenue Board (IRB) to continue detailed investigations into the issue of corporate manipulation.
He said appropriate legal action would be taken, including confiscating proceeds believed to have criminal elements.
On Feb 11, international media outlet Bloomberg reported allegations that a group of businessmen allegedly collaborated with several MACC officers, including Chief Commissioner Tan Sri Azam Baki, to put pressure on corporate figures in a company takeover case.
Azam, however, denied the allegations and has filed a lawsuit against Bloomberg demanding RM100 million in damages.
— BERNAMA
