The Borneo Post

Why did law minister seemingly protect Azam Baki over stock trading fiasco? PSC members ask

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KUALA LUMPUR: Several members of the Special Select Committee overseeing agencies under the Prime Minister's Department yesterday criticised the law minister for issuing a public statement they felt were aimed at absolving Tan Sri Azam Baki, who has been accused of proxy stock trading while holding public office.

The four members — Aziz Jaman (Sepanggar), Chan Foong Hin (Kota Kinabalu), Khoo Poay Tiong (Kota Melaka) and William Leong Jee Keen (Selayang) — said Datuk Seri Wan Junaidi Tuanku Jaafar's explanatio­n about Azam's shares was disappoint­ing because it appeared to side with the Malaysian Anti-Corruption Commission chief, when an investigat­ion had yet to be made.

“Our question is, why did Wan Junaidi act as if he was protecting Azam?” the four PSC members asked in a statement.

“The issue of stock purchases is not just about affordabil­ity. It is also about conflict of interest. It is also about integrity, and the question of public trust deficit towards the MACC as the body that was entrusted to fight corruption,” they added.

“Wan Junaidi appeared to have ignored all these facts,” they added.

In a statement issued Saturday, Wan Junaidi claimed the value of the shares Azam had bought in 2016 was ‘just' RM330,000 and the current share size he is holding at the moment had accumulate­d over the years.

The value was deemed to be ‘affordable' by someone of Azam's rank, and therefore unlikely to have been acquired through corrupt means, he concluded.

The PSC members also pointed to Azam's explanatio­n that it was his brother that bought most of the shares that had been accumulate­d since 2016.

They suggested the statement was in conflict with Wan Junaidi's explanatio­n that the shares were bought by the MACC chief commission­er himself.

Anti-corruption watchdogs and opposition MPs have called for the allegation­s against the MACC chief commission­er to be investigat­ed, with some saying he should be compelled to explain before the PSC.

The media had reported that the Parliament­ary Special Committee overseeing anticorrup­tion efforts led by Tan Sri Rais Yatim would soon initiate its own investigat­ion.

Members of the PSC under the PMD, the department overseeing the MACC, have questioned when their own chief, Kuala Krai MP from PAS Abdul Latiff Abdul Rahman would hold its own hearing and summon Azam for an explanatio­n.

“When will the PSC for PMD agencies led by Tuan Abdul Latiff bin Abdul Rahman, who is also MP for Kuala Krai from PAS, take its turn?” the PSC members asked.

“Certainly, the two select committees were formed with their respective mandates and have specific roles to play,” they added. — Malay Mail

 ?? ?? Datuk Seri Wan Junaidi Tuanku Jaafar
Datuk Seri Wan Junaidi Tuanku Jaafar
 ?? ?? Tan Sri Azam Baki
Tan Sri Azam Baki

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