The stories shaping Malaysia, in focus.
Malaysia's Anti-Corruption Commission has found no graft indicators in its ongoing KWAP eFishery investigation, but requires assistance from Singapore and Indonesia to record statements from individuals and secure critical documents.
The Malaysian Anti-Corruption Commission has broadened its investigation into KWAP fund placements to include Dubai, Singapore, and Indonesia, coordinating with the Attorney General's Chambers to pursue cross-border legal assistance protocols.
The Malaysian Anti-Corruption Commission is engaging international legal mechanisms to investigate KWAP's investment activities, coordinating with authorities across Dubai, Singapore and Indonesia.
The MACC has gathered testimony from 10 senior officials as it investigates KWAP's RM200 million investment into Indonesian aquaculture technology firm eFishery, examining the fund's decision-making process.
Malaysia's anti-corruption agency has begun investigating the Retirement Fund Inc's RM200 million loss from an investment in Indonesian aquaculture technology firm eFishery, with investigators visiting KWAP's headquarters this week.
The Retirement Fund Incorporated's investment returns of RM12.9 billion cover only about 29% of Malaysia's RM45 billion annual pension bill, creating a widening fiscal challenge for the federal government under Prime Minister Anwar Ibrahim's administration.
Prime Minister Anwar Ibrahim has defended the Retirement Fund's strong financial performance, posting RM12.9 billion in net profit, and argued its investment decisions deserve balanced evaluation amid scrutiny over specific ventures.
Malaysia's Retirement Fund Incorporated faces scrutiny over substantial losses from an Indonesian investment, prompting calls for parliamentary review and tighter governance frameworks for managing public pension assets.
Prime Minister Anwar Ibrahim has signalled that although initial assessments reveal no misconduct in the Retirement Fund Incorporated's RM163.4 million investment in Indonesian aquaculture firm eFishery, the Malaysian Anti-Corruption Commission should still conduct a formal investigation.
Prime Minister Anwar Ibrahim has committed to explaining KWAP's RM200 million eFishery investment loss in parliament tomorrow, pledging to take responsibility without making excuses for the controversial decision.
Malaysia's anti-corruption agency has formally initiated an investigation into the Employees Provident Fund's RM163.4 million investment in eFishery, with officials pledging thorough and independent scrutiny.
Malaysia's public sector pension fund KWAP has confirmed its RM163.4 million investment in eFishery and is now pursuing recovery measures following fraud allegations that have implicated company executives and investment advisers.
Malaysia's Retirement Fund (KWAP) was deliberately deceived by Indonesian aquaculture startup eFishery through manipulated financial statements in what authorities have confirmed as orchestrated fraud. The consortium of investors is pursuing legal action and fund recovery.
Parliament's Public Accounts Committee is considering whether to launch an investigation into an alleged RM200 million fraud linked to KWAP's investment in Indonesian aquaculture startup eFishery.