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Insider2U > Gambling News > MACC Launches Probe into Perikatan’s Alleged Use of Gambling Funds for GE15 Campaign

MACC Launches Probe into Perikatan’s Alleged Use of Gambling Funds for GE15 Campaign

Daniel by Daniel
13 June 2023
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KUALA LUMPUR – The Malaysian Anti-Corruption Commission (MACC) has initiated an investigation following claims that the Perikatan Nasional (PN) coalition utilized funds from gambling activities to finance its 15th general election campaign (GE15). The MACC has confirmed the receipt of documents related to a report filed, which has prompted a comprehensive examination into the matter.

Speaking to The Star, Datuk Seri Hishamuddin Hashim, the senior director of investigation at MACC, stated that the probe will encompass various aspects, including the identification and scrutiny of the companies mentioned in the report. He emphasized the agency’s commitment to conducting a thorough investigation.

The report, filed on May 30, raised concerns about PN allegedly receiving funds from gaming companies that were purportedly directed towards electoral purposes. Prime Minister Datuk Seri Anwar Ibrahim acknowledged the claims and confirmed that ongoing investigations were underway to ascertain the veracity of these allegations.

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In response to the accusations, Anwar Ibrahim extended an invitation to PN to take legal action against his statements while urging them to interpret his remarks in their entirety. He maintained that the claims were not baseless and reiterated the ongoing efforts to probe the coalition’s alleged receipt of funds from gaming entities.

As part of its measures, the MACC had previously frozen and seized several bank accounts, including those affiliated with PN’s Parti Pribumi Bersatu Malaysia. These actions were executed under the provisions of the Anti-Money Laundering, Anti-Terrorist Financing and Proceeds of Unlawful Activities Act 2001.

The investigation into the alleged utilization of gambling funds for the GE15 campaign marks a significant development in the Malaysian political landscape. The outcome of the MACC’s inquiry will undoubtedly have far-reaching implications and could potentially impact the credibility and reputation of Perikatan Nasional and its constituent parties.

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As the investigation progresses, the MACC will be expected to conduct a meticulous examination of the evidence and ensure a fair and impartial process. The public will closely monitor the proceedings to assess the extent of any wrongdoing and to hold those responsible accountable for any potential breach of the law.

The MACC’s commitment to uncovering the truth and maintaining the integrity of Malaysia’s democratic processes is paramount. The findings of this investigation will not only shape public perception but could also have legal and political consequences, ultimately influencing the nation’s future electoral landscape.

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Daniel

Daniel

Daniel is a seasoned financial and cryptocurrency writer, having published more than 2,000 articles, guides, and market insights that are available to the public. He specializes in asset valuation and analysis, portfolio management, and the prevention of financial crime. Daniel excels at simplifying complex financial concepts, making them easy for the average person to understand. He has earned a Bachelor's Degree in Financial Economics and a Master's Degree in Financial Economics, and is currently pursuing a Doctorate that focuses on researching the Malaysia Economics and blockchain technology sectors.

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