PETALING JAYA: A Royal Commis­sion of Inquiry (RCI) must be set up to investigate allegations of a “corporate mafia” and excessive shareholding involving Malaysian Anti-Corruption Com­mission (MACC) chief commissioner Tan Sri Azam Baki, says the MCA Youth central committee. According to its central committee, the decision to submit the memorandum was unanimously agreed during a meeting on March 6. MCA Youth is also calling for Azam to temporarily step aside as MACC chief commissioner pen­ding an investigation into the shareholding controversy. This came following a Bloomberg report outlining, among others, allegations against Azam and about some businessmen, supposedly working with certain MACC officers, in a “corporate mafia” network. Azam has filed a RM100mil defa­mation suit against Bloom­berg, while MACC has also dispelled talk about the existence of a “corporate mafia”.

Source: The Star March 11, 2026 04:35 UTC