Sungai Buloh MP R Sivarasa added that the probe must include checks into bank accounts, bank statements and “who gave money to the remisier”.

“The police, with the help of SC, must initiate a probe as someone must have given the money to trade in the shares,” he told FMT.

Sivarasa, a lawyer, also asked if Azam’s earlier claim that his brother Nasir had traded in the shares was true as the SC, he said, had failed to establish the claim.

“Does this mean the SC is saying, without being explicit, that the money is not Nasir’s? This puts the onus back on Azam to explain where the money came from,” he said.

The SC today said it could not “conclusively establish” if the Malaysian Anti-Corruption Commission (MACC) chief had broken any law over his ownership of shares.

Azam is alleged to have bought millions of ringgit worth of shares and warrants in public-listed companies. The value of the shares is much higher than the RM100,000 cap on equity holdings allowed for a civil servant.

He has denied any wrongdoing and has said that his brother, Nasir, had bought the shares using his account, which were transferred to Nasir’s account shortly after.

The parliamentary select committee meeting scheduled for tomorrow to discuss the issue has been postponed, with Parliament secretary Nizam Mydin Bacha Mydin saying that this was due to issues that needed to be referred to the legal adviser of Parliament.