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KUALA LUMPUR, March 19 (Bernama) -- The Royal Malaysia Police (PDRM) has confirmed that businessman Victor Chin Boon Long, who is alleged to be involved in corporate manipulation linked to the Malaysian Anti-Corruption Commission (MACC), is currently abroad.
Inspector-General of Police Datuk Seri Mohd Khalid Ismail said his department is intensifying efforts to track down Victor by seeking cooperation from overseas authorities.
"So far we are still conducting investigations and we have found that there are several matters that need to be taken action based on AMLA and everyone is aware that he is currently abroad.
"Efforts are currently being made to obtain cooperation from many parties," he said in a press conference here today.
On March 16, the police confirmed that they had raided several premises belonging to corporate figure, Victor Chin, around Kemensah and Sungai Long, Kajang, but he and his wife were not at the location when the raids were conducted.
Mohd Khalid said the raids carried out together with the Securities Commission (SC) were to assist in the investigation of cases under AMLA.
Previously, Communications Minister Datuk Fahmi Fadzil said the Cabinet had instructed several enforcement agencies including the Royal Malaysia Police, SC, MACC and Inland Revenue Board (IRB) to continue detailed investigations into the issue of corporate manipulation.
He said appropriate legal action would be taken, including seizing proceeds believed to have criminal elements.
On February 11, international media Bloomberg reported allegations that a group of businessmen allegedly collaborated with several MACC officers including chief commissioner Tan Sri Azam Baki to put pressure on corporate figures in cases of company takeover.
Azam, however, denied the allegations and has filed a lawsuit against Bloomberg demanding RM100 million in damages.
"So far we are still conducting investigations and we have found that there are several matters that need to be taken action based on AMLA and everyone is aware that he is currently abroad.
"Efforts are currently being made to obtain cooperation from many parties," he said in a press conference here today.
On March 16, the police confirmed that they had raided several premises belonging to corporate figure, Victor Chin, around Kemensah and Sungai Long, Kajang, but he and his wife were not at the location when the raids were conducted.
Mohd Khalid said the raids carried out together with the Securities Commission (SC) were to assist in the investigation of cases under AMLA.
Previously, Communications Minister Datuk Fahmi Fadzil said the Cabinet had instructed several enforcement agencies including the Royal Malaysia Police, SC, MACC and Inland Revenue Board (IRB) to continue detailed investigations into the issue of corporate manipulation.
He said appropriate legal action would be taken, including seizing proceeds believed to have criminal elements.
On February 11, international media Bloomberg reported allegations that a group of businessmen allegedly collaborated with several MACC officers including chief commissioner Tan Sri Azam Baki to put pressure on corporate figures in cases of company takeover.
Azam, however, denied the allegations and has filed a lawsuit against Bloomberg demanding RM100 million in damages.