KUALA LUMPUR (Jan 31): The Malaysian Anti-Corruption Commission (MACC) has confirmed that it will investigate allegations of graft and abuse of power involving suspended Majlis Amanah Rakyat (Mara) chairman Tan Sri Annuar Musa. In a statement released this evening, MACC said: “We would like to stress that our investigations are only focused on issues of graft and abuse of power in relation to his involvement in sponsoring the Kelantan football team. At a press conference at the Mara headquarters here this morning, Mara board member Datuk Dr Yusof Yacob said the decision was made following an emergency board meeting today. The emergency board meeting was co-chaired by Yusof and Prof Emeritus Datuk Dr Abu Azam Md Yassin, NST Online reported. NST Online added that Yusof has been nominated by the Mara board to fulfil the duties previously carried by Annuar in both Mara and PMB, in the interim.

Source: The Edge Markets January 31, 2017 12:56 UTC