Former Malaysian Prime Minister Ismail Sabri Yaakob has declared his wealth to the anti-graft agency amid an investigation into corruption and money laundering. This follows the seizure of nearly $40 million in connected assets. Investigations are focused on government spending during his leadership, and several officials under his administration have been detained.
KUALA LUMPUR (Reuters) – Ismail Sabri Yaakob, the former Prime Minister of Malaysia, has officially declared his assets to the authorities amidst a corruption and money-laundering investigation. This announcement by the Malaysian Anti-Corruption Commission occurred following the seizure of nearly $40 million in assets that are believed to be associated with him.
The investigation primarily examines the government’s publicity spending and procurement practices during Ismail Sabri’s tenure from August 2021 to November 2022. A representative from Ismail Sabri has yet to provide a comment on the matter. In January of the previous year, he was questioned concerning the alleged misconduct related to approximately 700 million ringgit ($157 million) allocated for governmental publicity.
In summary, Ismail Sabri Yaakob’s wealth declaration to the anti-graft agency marks a critical development in a sweeping investigation into potential corruption during his administration. The ongoing probe has resulted in asset seizures and the detention of several former officials, highlighting the Malaysian government’s commitment to tackling corruption. Continued developments in this case are anticipated as authorities seek further clarity on public expenditure issues.
Original Source: www.usnews.com
