PETALING JAYA, July 21 — The Malaysian Anti-Corruption Commission (MACC) has frozen and seized assets worth over RM332 million in a sweeping probe into a syndicate smuggling scrap metal and e-waste. The group allegedly bribed enforcement officers, resulting in an estimated RM950 million loss in export tax revenue over six years.
MACC has frozen 324 bank accounts and seized assets totalling RM183 million. Twenty-seven witnesses, including a key suspect, have been questioned. Investigations continue under anti-corruption and money laundering laws, with other agencies including LHDN, Customs, and Bank Negara involved.
