An MACC source says the seizure was made pending undisclosed investigations.
Read More: https://www.freemalaysiatoday.com/category/nation/2023/12/21/macc-seizes-ilham-tower/
Laporan Lanjut: https://www.freemalaysiatoday.com/category/bahasa/tempatan/2023/12/21/bangunan-disita-sprm/
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#FMTNews #IlhamTower #MACC #Seized #Investigation
Read More: https://www.freemalaysiatoday.com/category/nation/2023/12/21/macc-seizes-ilham-tower/
Laporan Lanjut: https://www.freemalaysiatoday.com/category/bahasa/tempatan/2023/12/21/bangunan-disita-sprm/
Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.
Subscribe to our channel - http://bit.ly/2Qo08ry
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NewsTranscript
00:00 [Music]
00:03 The Malaysian Anti-Corruption Commission has seized Ilham Tower,
00:07 a 274-meter tall skyscraper in the capital.
00:11 A source said the seizure was made under Section 38 of the MACC Act,
00:16 which deals with the seizure of immovable property.
00:19 According to the source, the seizure was made pending undisclosed investigations.
00:26 This would mean that there cannot be any transactions involving the building, the source said.
00:31 According to MACC's Deputy Public Prosecutor Ahmad Akram Garib,
00:36 the Federal Territory Office of the Department of the Director-General of Lands and Mines
00:41 was instructed to seize the property in a notice dated December 18.
00:45 He said any individuals who defies this notice or does anything to breach its terms
00:51 can be convicted of a crime and issued a fine not exceeding twice the value of the property
00:56 or RM50,000 or whichever is higher, and sentenced to jail for a term not exceeding two years.
01:03 [Music]