PUTRAJAYA: Tan Sri Azam Baki has instructed his lawyers to issue a letter of demand to Bloomberg over what he described as a “misleading” and “defamatory” report concerning his past share transactions in Velocity Capital Partner Bhd. “Tomorrow my lawyer will send it to Bloomberg, either in Malaysia or in the United States,” he said during a special media session on Wednesday (Feb 11). Azam accused the international news outlet of publishing a report without properly verifying the facts, particularly regarding the timeline of his share ownership and asset declarations. Azam maintained that the report had damaged both his personal reputation and that of the commission he heads. He stressed that the issue was not criminal in nature but rather concerned interpretations of administrative circulars on asset declarations.

Source: The Star February 11, 2026 13:44 UTC