SC unable to conclusively establish if Azam Baki breached trading regulations

The Securities Commission said it has not been able to establish that there was a breach of regulation with relation to the trading account of the MACC chief.

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18/1/2022 10:30:00 AM

The Securities Commission said it has not been able to establish that there was a breach of regulation with relation to the trading account of the MACC chief.

PETALING JAYA: Securities Commission (SC) says unable to conclusively establish that Malaysian Anti-Corruption Commission (MACC) chief commissioner Tan Sri Azam Baki breached section 25(4) of the Securities Industry (Central Depositories) Act 1991 (SICDA).

KUALA LUMPUR: The Securities Commission said it has not been able to establish that there was a breach of regulation with relation to the trading account of Malaysian Anti-Corruption Commission chief commissioner Tan Sri Azam Baki."The SC has concluded its enquiry and based on the evidence gathered, the SC is not able to conclusively establish that a breach under section 25(4) SICDA has occurred," it said in a statement.

The capital markets regulator said the issue over Azam's trading account relates to whether there was a breach under Section 25(4) of the Securities Industry (Central Depositories) Act 1991 (SICDA).

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Only in Malaysia. Corrupt to the core are celebrated & gets off the hook before you can say 'duh' We have a group of Untouchables in Malaysia. Now we know. What arewe going to do about it? SecComMY officials themselves afraid to be investigated by SPRMMalaysia ? ASAbdull1 Of course not. Its his own acc and he traded himself. That is not wrong unless there's evidance that his brother really used his account (if you know what I meant)😉So SC is passing the batton to someone else.

😡😡😡😡😡😡😡😡😡😡😡

SC selesai siasat Azam Baki, tiada pelanggaran undang-undang | The Malaysian InsightSC hari ini memaklumkan ia sudah selesai menyiasat kes Azam mengikut Seksyen 25(4) Akta Perindustrian Sekuriti (Depositori Pusat) 1991 (SICDA). Tahniah. You lepaskan saya..saya lepaskan awak. jadi lawak 🤣

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Azam could be in contempt of Parliament for declining special meeting, say MPs KUALA LUMPUR: The Securities Commission said it has not been able to establish that there was a breach of regulation with relation to the trading account of Malaysian Anti-Corruption Commission chief commissioner Tan Sri Azam Baki. "The SC has concluded its enquiry and based on the evidence gathered, the SC is not able to conclusively establish that a breach under section 25(4) SICDA has occurred," it said in a statement. The capital markets regulator said the issue over Azam's trading account relates to whether there was a breach under Section 25(4) of the Securities Industry (Central Depositories) Act 1991 (SICDA). MORE TO COME