Friday, June 10, 2011

MACC probing Taib’s timber deals

The Malaysian Anti-Corruption Commission (MACC) has confirmed that it is currently investigating Sarawak Chief Minister Tan Sri Abdul Taib Mahmud over allegations of timber corruption.

Its commissioner Datuk Seri Abu Kassim Mohamed said the commission was in the process of gathering information regarding the matter.

“As I said earlier, we are investigating Taib and whatever our action is, we cannot reveal at this moment,” he said at Sime Darby Bhd's signing and handing over corporate integrity pledge to the MACC here today.

Abu Kassim was responding to a question on whether the MACC was looking at carrying out a similar action as the Swiss Anti-Cor- ruption Agency, which recently froze Taib's assets over allegations of timber corruption.

According to a foreign news report, the Swiss Federation president Micheline Calmy-Rey was reported to be aware of the allegations and had forwarded the information about Taib's assets in Switzerland to its regulatory body Finma (the Swiss Financial Market Supervisory Authority) for investigation.

Abu Kassim also said the MACC would continuously monitor mega projects from time to time.
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So far, MACC is expected to monitor three mega projects, namely the RM5bil 100-storey Warisan Merdeka Tower; the RM36bil mass rapid transit (MRT) system and Bukit Bin- tang City Centre (BBCC) project, slated to cost RM6.7bil.

Source : The Star

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