GEORGE TOWN: Gerakan has urged Prime Minister Datuk Seri Ismail Sabri Yaakob to take stern action against Tan Sri Azam Baki despite being cleared of allegations of corruption and abuse of power in acquiring stocks from the share market for a family member in 2015.

Gerakan deputy president Oh Tong Keong said this was because the Malaysian Anti-Corruption Commission (MACC) Chief Comissioner’s explanation on his alleged ownership of shares in many companies was not accepted by the people.

“In fact, the issue led to further controversy. According to reports, Azam explained that his brother had borrowed his shares account to buy shares.

“This explanation cannot be accepted or believed by a three-year-old boy, let alone Gerakan.

“As such, we urge the prime minister to take firm and appropriate action against Azam, including considering the replacement of the MACC chief commissioner, to win the people’s confidence,” he said today.

It was reported that the MACC Advisory Board had cleared Azam of corruption and abuse of power in acquiring stocks from the share market for a family member in 2015.

Board chairman Tan Sri Abu Zahar Ujang had said that the matter was brought to the board last year, and that the board and its five-man panel met Azam on Nov 24 to listen to his explanation on the shares, which were acquired under his brother’s name in 2015.

He had said that the board accepted Azam’s explanation and found it to be satisfactory.

Azam, meanwhile, had denied any wrongdoing and said accusations of conflict of interest against him were baseless.

He had also said that he viewed the allegations as “massive lies” designed to create a negative perception of him and to destroy his and MACC’s reputation.

Oh said Azam, as the MACC chief commissioner, should be aware or sensitive towards the implications of conflict of interest for the purchase or ownership of company shares.

“Therefore, Azam’s explanation is difficult for the people to accept.

“The allegations worried the public about the emergence of ‘conflict of interest and ‘relationships between businesses and law enforcement’, between Azam and his alleged corporate shareholding.

“In order to win the public’s confidence on the integrity of the MACC, certain parties should conduct an immediate investigation into this issue.”

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