PUTRAJAYA: Tan Sri Azam Baki had informed his bosses about the shares transactions back in 2015, while maintaining that he did not see it as an issue that his brother had used his trading account to acquire the shares.
The Malaysian Anti-Corruption Commission (MACC) chief commissioner said he gave permission to his younger brother, Nasir, to use his account for the purpose.
Azam said the shares were bought in the open market, adding that Nasir had financed the purchases himself.
“I allowed my brother to use my trading account because I didn’t see it as an issue as he is my brother.
“If this is wrong, please let me know if this is actually an offence,” he told a press conference here yesterday.
Finally breaking his silence over the issue, Azam said although he need not have declared the shares trading as it was not done by him, he had informed his superiors.
In the forefront: Azam taking the stage to address the media at MACC’s headquarters in Putrajaya. — Bernama
“I took the initiative to inform my superiors back then. I informed them what was going on and that I did not have any interest in the acquired shares,” he said, adding that his superiors were satisfied with the explanation given.
Allegations recently surfaced that Azam owned a substantial number of shares in Gets Global Bhd as well as Excel Force MSC Bhd between 2015 and 2016 when he was the MACC director of investigations.
He said he did not come forward to offer an explanation because he felt he had not committed any offence.
However, he added that he did explain the matter to the MACC advisory board, which had summoned him on Nov 24 last year.
“As the chief commissioner of MACC, I am answerable to the advisory board,” he said.
He maintained that he did not commit any wrongdoing nor was there a conflict of interest on his part.
“The shares of the companies which my brother had purchased were not involved in any investigations carried out by the MACC.
“All the shares had since been transferred to my brother’s own trading account,” he added.