The Malaysian Anti-Corruption Commission’s (MACC) domestic investigation into the Retirement Fund Incorporated (KWAP)’s RM163.4 million investment in Indonesian aquaculture firm eFishery is nearly 80% complete, but the international phase remains ongoing.
MACC chief commissioner Datuk Seri Abd Halim Aman said investigators were still seeking financial documents and evidence from several foreign jurisdictions before reaching a conclusion.
“MACC has yet to obtain all the overseas financial information and documents required before reaching a conclusion,” he said at a press conference here today.
So far, 19 people from KWAP, the Finance Ministry and Khazanah have had their statements recorded, with no arrests made.
Abd Halim said the investigation had not uncovered criminal wrongdoing involving corruption or misappropriation to date.
MACC is seeking financial documents from banks in Singapore and Indonesia, as well as statements from overseas witnesses. Mutual Legal Assistance (MLA) is also required involving Singapore, Indonesia, the US and Abu Dhabi.
The commission is separately examining whether there were weaknesses in the governance and management surrounding the investment.
KWAP has said it is continuing to pursue all available avenues to maximise recovery of its investment in eFishery.
