Only RM92.5 billion in Covid funds controversy is govt money, says MACC

Preliminary investigations by the Malaysian Anti-Corruption Commission (MACC) show that the alleged irregularities in the management of Covid-19 funds involve allocations estimated at RM530 billion.

In a statement today, MACC said that of the amount, RM92.5 billion involved government funds whereas RM437.5 billion was not from the government.

"MACC has received details from the finance ministry regarding the breakdown of economic stimulus package funds that the government spent in 2020 and 2021 related to the management of Covid-19.

"Thus, the focus of the MACC investigation will be on the RM92.5 billion worth of funds," it said.

MACC said the finance ministry is looking into the details of the breakdown and will submit a report to the commission next week.
 
The controversy regarding the use of emergency funds purportedly amounting to more than RM600 billion during the Covid-19 pandemic was first raised by former Melaka chief minister Adly Zahari on Nov 15.

Recently, Prime Minister Anwar Ibrahim was reported as saying that he would leave it to the relevant agencies to investigate the issue.

Anwar said the finance ministry had informed him about several breaches of procedure in the management of the Covid-19 funds.

In response, former prime minister Muhyiddin Yassin said he had not embezzled any money and was not afraid to be investigated over the issue, which reportedly happened under his administration.