Azam Baki’s shareholding row returns as “corporate mafia” claims shake MACC

KUALA LUMPUR — Malaysia’s anti-graft chief Azam Baki is facing renewed scrutiny over past shareholdings after allegations that a “corporate mafia” has infiltrated the Malaysian Anti-Corruption Commission (MACC).

The claims have revived concerns about MACC’s independence. On Feb 13, several government lawmakers called for Azam, also known by his honorific Tan Sri, to be suspended while an independent investigation is carried out.

The government has so far resisted calls for immediate action. However, pressure has pushed the Cabinet to announce a new probe.

A Cabinet task force is now being set up

Communications Minister Fahmi Fadzil said on Feb 13 that a special task force will be formed to investigate the allegations involving MACC.

He said it will be led by the Chief Secretary to the Government. The findings will be presented to the Cabinet for further action once the investigation is completed.

The announcement signals an attempt to contain political fallout while keeping MACC operating normally.

What is being alleged inside MACC

The “corporate mafia” label refers to claims that business interests have influenced, penetrated, or co-opted parts of the anti-graft agency.

In plain terms, it suggests the watchdog may be manipulated to serve private corporate agendas, rather than the public interest.

Azam’s past shareholding has become a flashpoint because critics argue it raises questions about oversight and conflicts of interest.

Anwar defends Azam and urges critics to hear him out

Prime Minister Anwar Ibrahim has publicly defended Azam against the latest accusations.

On Feb 11, Anwar urged critics to listen to Azam’s explanation before making judgments. He said Azam was doing his job and should be given the chance to respond to the controversy.

Anwar made the remarks during a Chinese New Year reception held by the Associated Chinese Chambers of Commerce and Industry of Malaysia.

Pressure also comes from within the government bloc

Calls for stronger action are not limited to the opposition.

On Feb 13, former economy minister Rafizi Ramli led seven other MPs from Parti Keadilan Rakyat (PKR), a party in the governing coalition, in urging Anwar to act against Azam.

The move highlights tensions inside the coalition, with some lawmakers pushing for a tougher stance to protect the credibility of reform pledges.

Why this matters for Malaysia’s anti-graft agenda

MACC is a central institution in Malaysia’s fight against corruption. Any doubt over its independence can weaken public trust and undermine investigations.

The new task force may ease immediate political pressure. But it also raises expectations of transparency, clear findings, and follow-through if wrongdoing is established.

For now, Azam remains in his role as Malaysia enters another high-profile test of how it polices corruption at the top.