PM Ismail Says Everyone Must Accept SC's Decision To Clear Azam Baki Of Any Wrongdoing

"The SC has made a decision and it says there is no case against him (Azam), so we accept the SC's decision," he said.

Cover image via Shafwan Zaidon/Malay Mail & Bernama

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Prime Minister Datuk Seri Ismail Sabri Yaakob said the decision by the Securities Commission (SC) to clear Malaysia's top graft-buster Tan Sri Azam Baki of any wrongdoing should be accepted by everyone

"The SC has made a decision... (this matter) was left to the SC as it involves the purchase of shares. So the SC has made a decision and it says there is no case against him (Azam), so we accept the SC's decision," Ismail told reporters during an event in Putrajaya yesterday, 19 January.

He was asked if the Malaysian Anti-Corruption Commission (MACC) chief commissioner would be requested to go on leave pending the full completion of the investigation against him, reported Bernama.

His remarks came after the SC announced that there was no breach of Section 25(4) of the Securities Industry (Central Depositories) Act 1991 (SICDA) with relation to Azam's trading account.

According to Ismail, the opposition cannot expect investigations to be carried out based on their whims and must accept the outcome of investigations by professional entities, such as the SC

"Don't ask that he (Azam) be investigated and, after being investigated, the decision has been made and we are still not satisfied. Let's not think of following our own wishes. If they are the opposition, surely they want to follow their own wish... that can't be," he said.

"They must accept the decisions of the professional bodies, such as the SC. So, if there are any queries about the SC's decision, go and ask the SC," he added.

Image via Bernama

The SC, in a statement, clarified that the independent evidence gathered at the inquiry into Azam's trading account showed that Azam was the account holder and had control of the said trading account

However, this runs contrary to what Azam said earlier this month when he claimed that his share trading account was used by his younger brother Nasir Baki to purchase shares in 2015.

The MACC chief offered this explanation after it was reported that he had significant shareholdings in several companies, saying that the stocks purchased were later transferred to Nasir's account.

Meanwhile, Azam has filed a defamation suit seeking RM10 million in damages against an investigative journalist over her articles:

Read more about the case here: