Sinar Harian reported chief commissioner Azam Baki as saying MACC was working to determine the ownership of the assets, believed to have been obtained illegally.

“The total value of detected assets so far is RM2 billion, divided into parts that need to be forfeited separately.

“Every asset involved needs an application for an investigation paper. So far, only eight papers have been opened, but this number may increase,” he said today.

Last Thursday, MACC said it opened more investigation papers after receiving new information from overseas.

Azam said the findings stemmed from investigations carried out in 2023, and that the failure to declare assets was an offence under the law.

He said the final decision would rest with the deputy public prosecutor, and that he had given the investigating officers two months to complete the probe papers.