2 publishers · first seen Wed, 28 Oct 2026 12:51 UTC · updated Thu, 29 Oct 2026 11:01 UTC
The Malaysian Anti-Corruption Commission (MACC) has ordered corporate figures Nazir Hussin Akhtar Hussin and Mubarak Hussain Akhtar Hussin to declare their assets, with Nazir receiving the notice at MACC headquarters on Oct 20 and Mubarak at his home. The brothers are under investigation for alleged misappropriation of funds and abuse of power in an investment deal worth about RM10 million. MACC seized 15 luxury cars valued at RM31 million, 12 high-powered motorcycles worth RM5 million, five luxury watches, three bracelets, about RM30,000 in cash, and froze two bank accounts containing about RM2 million. Nazir, a former chairman of Yayasan Bank Rakyat, has accused MACC of abusing its powers and sought a court injunction to block the asset declaration order.
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