S$1.5 million in S'pore dollar notes found in KL flat raided by M'sian Anti-Corruption Commission

Malaysia's Anti-Corruption Commission (MACC) reportedly seized S$1,529,000 in cash in a late-night raid of a Kuala Lumpur apartment.

That's more than Toto first prize

Malaysiakini reported a MACC insider saying that the raid was part of its investigation into a politician suspected of corruption.

On the night of Oct. 12, MACC raided an apartment, which was allegedly a "safe house" used by the unnamed politician, to "stash illegally gained" cash.

The raid uncovered over S$1.5 million in cash.

Malaysiakini showed a picture of at least two stacks of S$1,000 notes.

Malaysiakini quoted a second source saying that the location of the safe house was given to investigators by a second suspect, who had been apprehended earlier.

Upon raiding the location on the evening of Oct. 12, they found the cash.

Influential politician

The apartment is allegedly rented by a businessperson to store the money for the politician.

The Malay Mail reported that the money was believed to have been given by an unidentified individual, and kept by the businessperson on the instructions of an "influential politician".

Sinar Harian, via the Malay Mail, reported that the MACC had arrested two individuals, the first being a former senior executive for the Menteri Besar Selangor Incorporated (MBI), and the other being a businessman linked to a "prominent and influential opposition leader in Selangor".

The New Straits Times quoted MACC Chief Commissioner Azam Baki, who confirmed two arrests: The former MBI executive, and a businessman who "has connections to an influential person in Selangor".

The NST also learnt that MACC had frozen 15 accounts believed to have been used to pay bribes.

The issuance of the S$1,000 Singapore note was discontinued since Jan. 1, 2021.

Sand mining concession

The MACC is investigating a sand mining concession granted by a subsidiary of the Selangor state investment arm.

Malaysiakini reported that the two additional individuals linked to a sand mining company have been detained for questioning, but have since been released.

The company in question applied for the sand mining concession from MBI five years ago, but the bribes have been ongoing since the company acquired the concession.

Top image via Malaysian Anti-Corruption Commission/Facebook & alankt9696/Carousell