The Malaysian Anti-Corruption Commission (MACC) have ensnared former prime minister Ismail Sabri Yaakob in a multi-million rinngit corruption and money laundering investigation.
Following the initial crackdown in February 2025, authorities instituted synchronized raids on seven locations: four private residences of senior aides and three separate safe houses, following the arrest of the quartet of senior officers who served under Ismail during his tenure as the ninth prime minister (August 21, 2021-November 24, 2022).
They hauled away RM14,772,150 in Malaysian currency; S$6,132,350; US$1,461,400; CHF3 million; €12,164,150; ¥363,000,000; £50,250; NZ$44,600; AED34,750,000; and A$352,850, as well as 16kg of gold bars (worth nearly RM7 million), and secondary luxury assets.
The Kuala Lumpur Sessions Court subsequently forfeited the cash to the government after the application went uncontested by all parties. Note that the forfeiture order applied only to the cash; the gold bullion, alongside a hoard of fine jewelry and high-value watches seized during the safe house raids, remain held as evidence for Ismail's criminal prosecution.
Ismail Sabri (right) was scheduled to be officially charged in court on August 07, 2026, but the hearing has since been postponed to August 27 after he was admitted to the National Heart Institute (IJN) for a pacemaker procedure.
As the legal net tightens around yet another former prime minister, the staggering discovery of hidden safe houses, gold bullion, and millions in foreign cash serves as a sobering reminder of Malaysia's never-ending battle against high-level corruption.
All eyes will be on the courts to see how this high-stakes political drama unfolds.
Just so you know, today, I have exactly RM6 in my wallet. 😫
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