KUALA LUMPUR: Tycoon Tan Sri Halim Saad in a statement today said he has been cleared by the Malaysian Anti-Corruption Commission (MACC) of a probe into alleged misappropriation of RM2.3 billion in the acquisition of a listed company's shares by a Malaysian conglomerate 26 years ago, and is now cooperating as a witness.
In a shortly worded statement, he said he received an official clearance letter from the anti-graft agency on Dec 4 last year.
He said his statement was in response to inquiries on the investigations initiated by MACC which involved political figures from the 1990s.
"This letter confirms that there is no evidence of any wrongdoing on my part in relation to the investigation," he said.
Halim said he remains committed to cooperate fully as a witness with authorities, as they continue the investigations.
Halim was addressing questions regarding the investigation launched by the MACC in May 2023, which involved political figures from the 1990s.