Home minister Saifuddin Nasution Ismail said 70 share-trading accounts containing about RM323.59 million, and 404 bank accounts holding approximately RM85.62 million, were frozen or seized as part of a probe into allegations of a 'corporate mafia'.PETALING JAYA: Police have frozen or seized assets worth more than RM409 million in an ongoing investigation into allegations of a "corporate mafia" involving the abuse of enforcement powers to pressure businessmen into selling company shares at below-market prices.

In a written parliamentary reply, home minister Saifuddin Nasution Ismail said 70 share-trading accounts containing about RM323.59 million, and 404 bank accounts holding approximately RM85.62 million, were frozen or seized as part of the probe.