KUALA LUMPUR, Oct 13 — The Malaysian Anti-Corruption Commission (MACC) recorded asset freezes worth RM1.27 billion from 2022 to September this year, involving bank accounts, jewellery, immovable property and other valuables.
Deputy Minister in the Prime Minister’s Department (Law and Institutional Reform) M. Kulasegaran said the asset freezes were carried out under Section 44 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (Act 613).
He said 1,336 asset-freezing orders were issued under the Act in 2025, while another 1,006 were issued from Jan 1 to Sept 30 this year.
A total of 481 freezing orders were revoked without charges in 2025, while another 781 were revoked in the first nine months of this year, he added.
