Home / English News / Use of trading account by younger brother to buy shares not an issue, says Azam Baki


PUTRAJAYA: Tan Sri Azam Baki says it is not an issue that his younger brother used his trading account to purchase some shares.

When asked about this, the Malaysian Anti-Corruption Commission (MACC) chief commissioner said his brother Nasir had asked for permission and he had consented to it.

“I allowed this because I don’t see this as an issue. He wanted to borrow my trading account to buy shares in the open market.

"If this is wrong, please let me know that this is actually an offence,” he said at a press conference on Wednesday (Jan 3).

Allegations had surfaced that Azam owned a substantial amount of shares in Gets Global Bhd as well as Excel Force MSC Bhd between 2015 and 2016 when he was the MACC director of investigations.

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Use of trading account by younger brother to buy shares not an issue, says Azam Baki

PUTRAJAYA: Tan Sri Azam Baki says it is not an issue that his younger brother used his trading account to purchase some shares.

When asked about this, the Malaysian Anti-Corruption Commission (MACC) chief commissioner said his brother Nasir had asked for permission and he had consented to it.

“I allowed this because I don’t see this as an issue. He wanted to borrow my trading account to buy shares in the open market.

“If this is wrong, please let me know that this is actually an offence,” he said at a press conference on Wednesday (Jan 3).

Allegations had surfaced that Azam owned a substantial amount of shares in Gets Global Bhd as well as Excel Force MSC Bhd between 2015 and 2016 when he was the MACC director of investigations.

The MACC advisory board had summoned him on Nov 24 to explain the matter, to which Azam said that it was his brother who had purchased the shares using his trading account.



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