A source from MACC said the investigation, under Op Sikaro, was ongoing.

The source said MACC had also taken statements from the companies’ directors and representatives, Utusan Malaysia reported.

“So far, searches and raids have not uncovered any evidence of counterfeit tax stamps being used, but the investigation is ongoing,” the source was quoted as saying.

The source said the firms were found to have made false declarations during the import process, including the use of incorrect customs codes, or altering product details.

On Aug 20, it was reported that MACC raided the companies for allegedly smuggling tobacco, cigarettes and cigars that had resulted in more than RM250 million in lost tax revenue between 2020 and 2024.

A source was quoted as saying the raids targeted business premises and company owners across the Klang Valley and Johor engaged in the tobacco, cigar, and liquor supply trade.

MACC has also frozen personal and company bank accounts totalling about RM218 million, while the customs department has suspended the import licences of several companies to facilitate the investigation.

The source added that enforcement agency officers are believed to have been involved in the smuggling activities.

The raids were led by MACC’s special operations division in collaboration with the Inland Revenue Board, Bank Negara Malaysia, and the customs department.