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Malaysian Cabinet Probes Azam Baki's 14 Million Ringgit Shares

3/15/2026

Summary

Story summary

The Malaysian cabinet is investigating Azam Baki over shares worth 14 million ringgit in nine companies held without approval.
Prime Minister Anwar Ibrahim's cabinet formed a committee led by the attorney general to probe the matter.
Communications Minister Fahmi Fadzil said details remain undisclosed.
Lawmaker Rafizi Ramli urged transparency and release of results to curb speculation.
Cabinet directed agencies to probe corporate manipulation involving the Malaysian Anti-Corruption Commission (MACC) officials.

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Story summary

The Malaysian cabinet is investigating Azam Baki over shares worth 14 million ringgit in nine companies held without approval.
Prime Minister Anwar Ibrahim's cabinet formed a committee led by the attorney general to probe the matter.
Communications Minister Fahmi Fadzil said details remain undisclosed.
Lawmaker Rafizi Ramli urged transparency and release of results to curb speculation.
Cabinet directed agencies to probe corporate manipulation involving the Malaysian Anti-Corruption Commission (MACC) officials.