• Tue. Aug 9th, 2022

Rais Yatim: Civil Service Commission to decide whether MACC chief will go on leave pending stock market investigation | Malaysia

ByChad J. Johnson

Jan 14, 2022

Dewan Negara Chairman Tan Sri Rais Yatim speaks during a press conference in Parliament on January 14, 2022. – Image by Choo Choy May

KUALA LUMPUR, January 14 – It is up to the Public Service Commission to decide whether Tan Sri Azam Baki should take time off from his job as head of the Malaysian Anti-Corruption Commission (MACC) pending investigations into course on his presumed proxy stock. trade, Tan Sri Rais Yatim said today.

Rais, chairman of Dewan Negara and also chairman of the Special Committee on Corruption (SCC), said the convention requires officials under investigation to go on leave or be suspended from duty.

“It’s the practice, when officers are questioned they are usually suspended,” he told a press conference in parliament this morning.

According to Rais, the stock-trading controversy surrounding Azam may simply be “misconduct” rather than “criminal act.”

Even so, he thinks it’s best for Azam to take a “short break while investigations are ongoing”.

“However, I would like to mention that there are also those in higher ranks who did not go on leave while the investigations against them were ongoing.

“It is up to the SPA to act and decide,” he added, referring to the Public Service Commission by its Malay abbreviation.

Rais said the CSC had met twice over Azam’s sharing deal and recommended an investigation as the matter became divisive and was publicly discussed on social media last month.

He said the CPS recommends authorities, such as the Securities Commission, the police, the SPA and the Civil Service Department (JPJ), to initiate investigations.

He said the investigations would be able to establish the facts about the volume, time and value of stocks traded through Azam’s stock trading account.

He added that the government had issued circulars in 1993 and 2002 prohibiting officials from buying shares worth more than RM100,000.

“We will wait for the report to be made by SPA, JPA, PDRM or SC. But the issue of ownership declaration should be raised as evidence,” Rais said.

He also said that the CPS will submit its report to Prime Minister Datuk Seri Ismail Sabri Yaakob as soon as possible.

Earlier this week, Rais said now would be a good time to revisit the proposal to make MACC accountable to parliament. MACC is currently under the Prime Minister’s Department.

Azam admitted at a press conference earlier this month that he allowed his younger brother, Nasir Baki, to use his stock trading account to buy millions of shares in two listed companies in 2015. .

He denied any wrongdoing, saying the amount had since been transferred to Nasir’s account. However, he has not publicly explained why Nasir had to use his account to purchase these shares.

On January 8, Azam said he was ready to have his alleged misconduct case referred to the MACC complaints committee.