June 14, 2025

Ismail Sabri Yaakob

Funds

Malaysia’s anti-corruption agency proposes powers to claw back billions in illicit funds

Malaysia’s anti-corruption agency is pushing for sweeping new powers to strike deals with suspects and recover illicit funds before they can vanish overseas – a move officials say could help plug billions of dollars lost to money laundering and organised crime. Criminal syndicates are increasingly using Malaysia to launder money, authorities warn, while the country

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