Prime Minister Anwar Ibrahim has faced growing pressure from critics and allies alike since news reports earlier this month alleged that Malaysian Anti-Corruption Commission (MACC) chief Azam Baki had bought corporate shares exceeding the limit permitted for civil servants.
In a separate report, Bloomberg alleged that senior MACC officials were aware of, or linked to, businessmen described as a “corporate mafia” who were said to have colluded with anti-corruption officers to pressure corporate rivals into deals or share sales.
Government spokesman Fahmi Fazil said the cabinet would discuss further steps when it meets again next week, after studying the findings of a special taskforce led by the attorney general set up to investigate the allegations over Azam’s shareholdings.
“The cabinet was informed that the investigation team … is almost done with its probe and will present its report [to cabinet] next week,” Fahmi told a news conference on Friday.