What is Datuk Seri Ismail Sabri Yaakob being investigated for by MACC?

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Datuk Seri Ismail Sabri Yaakob is being investigated by the MACC for corruption and money laundering.

Datuk Seri Ismail Sabri Yaakob is scheduled to appear at the Malaysian Anti-Corruption Commission (MACC) headquarters in Putrajaya tomorrow at 10:30 am to assist in an ongoing investigation. The probe centres on allegations of corruption and money laundering during his tenure, specifically concerning the expenditure and management of funds allocated for promotional and publicity purposes. This investigation is being conducted under the MACC Act 2009 and the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.
Investigation Focus on Fund Management

The investigation is primarily focused on how funds for promotional and publicity activities were managed and spent during Ismail Sabri Yaakob's time in office. This aspect of the probe is linked to the discovery of approximately RM170 million in foreign currencies during a raid at a condominium believed to have been used as a "safe house." The seized foreign currencies include the Thai Baht, Riyal, Pound Sterling, Won, Euro, Swiss Franc, and Yuan, indicating the scale of the funds involved.
Asset Declaration and Statement Recording

As part of the investigative process, Ismail Sabri Yaakob submitted his asset declaration information on February 10. Subsequently, the MACC recorded his statement on February 19, a step taken to gather further details related to the allegations. The commission has also recorded statements from 31 other individuals as part of its efforts to comprehensively investigate the matter.
Seizure of Assets

In connection with the corruption and money laundering investigation, significant assets have been seized. Besides the RM170 million in various foreign currencies, MACC has also confiscated 16 kg of pure gold bullion, valued at approximately RM7 million. Furthermore, 13 bank accounts, holding around RM2 million, have been frozen as part of the ongoing proceedings.

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What is Datuk Seri Ismail Sabri Yaakob being investigated for by MACC?

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