Why the need for brother to use Azam’s trading account, ask MPs

Why the need for brother to use Azam’s trading account, ask MPs

Kota Melaka MP Khoo Poay Tiong and Kota Kinabalu MP Chan Foong Hin want special select committee to investigate matter.

MACC chief Azam Baki must explain why he allowed his brother to use his trading account to buy shares, say two opposition MPs. (Bernama pic)
PETALING JAYA:
Two MPs have questioned the need for the Malaysian Anti-Corruption Commission (MACC) chief Azam Baki’s brother to buy shares using Azam’s trading account.

Following allegations that he owned shares worth millions, Azam told a press conference yesterday he had given his brother Nasir permission to buy shares using his account in 2015, and that his superiors were informed of the matter.

In a statement today, Kota Melaka MP Khoo Poay Tiong and Kota Kinabalu MP Chan Foong Hin asked why Azam did not let his brother buy the shares using his own account.

“Why was there a need for the brother to buy the shares using Azam’s trading account?” they asked.

Khoo Poay Tiong.

“The public do not buy Azam’s explanation as it stands. This needs to be answered by Azam.”

Khoo and Chan also urged the Parliamentary Special Select Committee on Agencies under the Prime Minister’s Department to investigate Azam and call in the MACC chief as soon as possible.

Chan Foong Hin.

The two MPs, who are members of the committee, said Azam’s claim that he was only answerable to the Anti-Corruption Advisory Board was wrong.

“Azam is reminded that the MACC is a creation of the Malaysian Anti-Corruption Commission Act 2009 (MACC Act), a statute passed by Parliament,” they said.

“He may claim that he is not answerable to anyone else, but we the Members of Parliament as lawmakers have the powers to legislate accordingly.

“We can amend the Act to tighten provisions and deal with any legal loopholes, if any, for the benefit of the people.”

Calling on Azam to explain the source of the money used to purchase the shares, they also questioned whether he had satisfied the criteria on asset declaration based on the government circular requiring civil servants to declare their assets.

FMT has reached out to Azam for comment.

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