What does Azam Baki claim was misleading in the Bloomberg report?

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Azam Baki Claims Bloomberg Report Presented a Misleading Narrative on Shareholdings and Declarations

Azam Baki contends that a Bloomberg report published on February 10 presented a misleading narrative regarding his past shareholdings and asset declarations. The Malaysian Anti-Corruption Commission (MACC) chief commissioner alleges that the article, headlined “Malaysian anti-graft chief returns to stocks after outcry,” falsely implied he held 17.7 million shares in a financial services firm and had failed to publicly declare his assets. He asserts that these claims misrepresented his compliance with asset-declaration rules and overlooked clarifications already provided.
Allegations of Misleading Shareholding Information

The Bloomberg report, according to Azam Baki's legal filings, created a false narrative by focusing on earlier allegations from 2021. Specifically, it is claimed that the article inaccurately stated he held 17.7 million shares in a financial services firm. Azam Baki maintains that he complied fully with all asset-declaration regulations and had disposed of the shares before their issuance.
Contention Over Asset Declaration Compliance

Azam Baki asserts that the Bloomberg report misleadingly suggested he had not publicly declared his assets. He states that he adhered strictly to all asset-declaration rules and possessed legitimate financial means for his investments. The MACC chief commissioner's legal team argues that the news outlet chose to emphasize prior controversies that had already been addressed, thereby constructing a misleading account.
Refusal to Correct Reporting

A significant claim made by Azam Baki is that Bloomberg refused to correct or withdraw its reporting, even after receiving clarifications from him. He alleges that the news outlet instead chose to publicly defend its article. This, he contends, demonstrates an intent to mislead readers and damage both his personal reputation and the institutional credibility of the MACC.
Malicious Intent in Publication

Furthermore, Azam Baki claims that the tone, structure, and manner of publication of the Bloomberg article were deliberately crafted to mislead readers and cast malice. His legal action, a defamation suit seeking RM100 million, aims to vindicate his reputation and seeks an injunction to prevent further publication of the contested statements, along with a public apology.

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What does Azam Baki claim was misleading in the Bloomberg report?

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