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The Malaysian Anti-Corruption Commission is close to finishing its domestic inquiry into the Employees Provident Fund's RM163.4 million investment in Indonesian aquaculture company eFishery, with the investigation approximately 80 percent complete.
The Malaysian Anti-Corruption Commission is nearing the end of its domestic investigation into the KWAP eFishery controversy, though final conclusions depend on obtaining banking records from overseas financial institutions.
Prime Minister Anwar Ibrahim says preliminary findings indicate no misconduct in KWAP's RM163.4 million investment in Indonesian aquaculture firm eFishery, yet maintains the Malaysian Anti-Corruption Commission should conduct a thorough investigation.
The Malaysian Anti-Corruption Commission has initiated an investigation into the Armed Forces Fund's RM163.4 million investment in eFishery, pledging to conduct the probe with full transparency and impartiality.
Malaysia's anti-corruption agency has initiated an investigation into a RM200 million investment loss by the Kumpulan Wang Amanah Pencen pension fund linked to Indonesia's eFishery, raising questions about oversight and accountability in sovereign wealth management.
Malaysia's Retirement Fund (KWAP) is continuing efforts to recover its RM163.4 million investment in Indonesian aquaculture startup eFishery following discovery of systematic financial fraud and embezzlement by company leadership.