Malaysia Graft Chief Alleged to Hold Millions in Shares, MP Says

Azam Baki

Photographer: Arif Kartono/AFPGetty Images

A Malaysian lawmaker said a probe into the shareholdings of the country’s anti-graft chief Azam Baki allegedly uncovered that he owned shares worth 14 million ringgit ($3.6 million) in nine companies.

“The latest news from Putrajaya currently circulating, according to government sources, is an allegation regarding the findings of the investigation,” former economy minister Rafizi Ramli said in a statement Friday. Other than the value of the shares, it is also alleged that “the purchase of these shares did not receive approval, nor were they declared,” he said.