Malaysia’s anti-graft agency orders Mahathir’s son to declare assets

PUTRAJAYA: Businessman Mirzan Mahathir, the son of former Malaysian prime minister Mahathir Mohamad, has been given 30 days to declare all his assets in the country and abroad.

It comes amid an investigation by the Malaysian Anti-Corruption Commission (MACC) into entities linked to the Pandora Papers and Panama Papers – leaked documents that reveal the hidden wealth of the rich and powerful around the world.

In a statement on Thursday (Jan 18), the MACC said it served Mirzan a notice to declare his assets after he was called to the agency’s headquarters on Wednesday to assist in an investigation. 

“The notice is a follow-up action from MACC’s investigation into the information from the Panama Papers, as well as his business activities involving the sale and purchase of government-linked companies (GLCs),” said the anti-graft agency.

The investigation is being conducted under the MACC Act, as well as the Anti-Money Laundering, Anti-Terrorism Financing, and Proceeds of Unlawful Activities Act.

MACC confirmed that it initiated the investigation in August 2022 as part of a probe into entities named in the Pandora Papers and Panama Papers reports.

The agency added that to date, it has called 10 witnesses to record their statements.

“The MACC is examining financial documents and asset ownership of the entities listed in those reports, and the investigation is still actively ongoing,” it said.