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PETALING JAYA: Securities Commission (SC) says unable to conclusively establish that Malaysian Anti-Corruption Commission (MACC) chief commissioner Tan Sri Azam Baki breached section 25(4) of the Securities Industry (Central Depositories) Act 1991 (SICDA).
PUTRAJAYA: Tan Sri Azam Baki is thankful for the decision by the Securities Commission which “found that he did not commit any offence” over the shares trading account issue.
The Securities Commission Malaysia (SC) announced Tuesday (Jan 18) that it has completed its inquiry into the share purchase claims made by Malaysian Anti-Corruption Commission (MACC) chief commissioner Tan Sri Azam Baki, and that it could not conclusively establish if his trading account was not opened in his name as the beneficial owner or an authorised nominee.
They want Securities Commission to explain findings.
The Securities Commission Malaysia (SC) says it cannot “conclusively establish” if Malaysian Anti-Corruption Commission (MACC) chief Azam Baki broke the law over his ownership of shares