Gold, luxury cars and frozen accounts: MACC to serve asset declaration notices to officers in counter setting probe

Gold, luxury cars and frozen accounts: MACC to serve asset declaration notices to officers in counter setting probe



The Malaysian Anti-Corruption Commission will issue asset declaration notices to enforcement officers allegedly involved in the counter setting syndicate at the country’s entry points. — Picture by Choo Choy May

Sunday, 28 Sep 2025 4:24 PM MYT


KUALA LUMPUR, Sept 28 — The Malaysian Anti-Corruption Commission (MACC) will issue asset declaration notices to enforcement officers allegedly involved in the counter setting syndicate at the country’s entry points.

In a Harian Metro report, MACC chief commissioner Tan Sri Azam Baki said suspects previously detained will receive notices under Section 36 of the MACC Act 2008 for asset declaration, following the seizure of gold, luxury vehicles, cash, and bank accounts.

“The investigation is still ongoing to gather evidence for charges under Section 16 and Section 17 of the MACC Act 2009, as well as the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLATFPUAA),” he told Harian Metro today.

“Investigations also found that apart from opening gold shops and purchasing gold, some enforcement officers were detected using proxy accounts for bribery payments and money storage,” he added.


It was previously reported that the MACC had seized and frozen 617 gold items, luxury vehicles, cash, and bank accounts worth over RM9 million linked to the syndicate.

The gold haul included bars and jewellery such as rings, bracelets, necklaces, anklets, earrings, and pendants, with a total weight of approximately 3.35 kilograms and an estimated value of RM2.26 million.

MACC also seized 15 luxury vehicles including Toyota Alphard, Mercedes-Benz, BMW, and Audi models, valued at nearly RM1.82 million.


Authorities froze 126 bank accounts — 82 belonging to individuals and 20 to companies — with a combined value of RM4.4 million, alongside RM800,000 in cash.

Earlier reports revealed that some enforcement officers were lured by syndicate offers of up to RM50,000 a month, prompting them to compromise national security by allowing foreign nationals to enter Malaysia without proper procedures.

Following the investigation, 30 individuals were arrested, including 18 enforcement agency officers, five company owners, and three civilians.