Secretariat to hold another anti-Azam Baki protest on April 25

Secretariat to hold another anti-Azam Baki protest on April 25

Organisers say there has been a lack of transparency on the probes into the MACC chief's alleged shareholding, and claims of forced corporate takeovers.

Sekretariat Tangkap Azam Baki
Bersih deputy chairman Kelvin Lee (third from right) said the April 25 protest will be preceded by a state-level tour to encourage public participation.
PETALING JAYA:
The #TangkapAzamBaki Secretariat will hold another protest at Dataran Merdeka on April 25 to press for a “full investigation” into allegations concerning Malaysian Anti-Corruption Commission chief Azam Baki’s alleged shareholding and alleged manipulation of corporate takeovers involving MACC.

Bersih deputy chairman Kelvin Lee, a spokesman for the secretariat, said it has decided to take to the streets again due to a lack of transparency on the investigations into the two issues.

Lee noted that the special committee formed to investigate the claims had yet to provide any updates a month after being formed.

He said the protest will be preceded by a state-level tour to encourage public participation.

On March 13, Pandan MP Rafizi Ramli urged the government to release the committee’s findings.

He said there had been speculation on what it had concluded from its probe, and that such rumours would continue swirling until the findings were made public.

On Feb 15, more than 150 protesters marched from the Sogo shopping mall to Dataran Merdeka calling for Azam’s resignation.

Bloomberg previously reported that Azam held 17.7 million shares in Velocity Capital Bhd, or 1.7%, based on the company’s annual return lodged on Feb 3 last year.

It also reported that his name still appeared in the company’s shareholder register maintained by the Companies Commission of Malaysia.

Azam is alleged to have breached a 2024 government circular limiting civil servants’ shareholdings in Malaysian-incorporated companies to no more than 5% of paid-up capital or RM100,000 in value, whichever is lower.

Azam has denied the allegations, saying he had declared the transaction and the shares had been disposed of last year.

He has since sued Bloomberg for defamation over the shareholding report, seeking RM100 million in general damages.

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