Malaysia Graft Chief Alleged to Hold Millions in Shares, MP Says

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Azam BakiPhotographer: Arif Kartono/AFPGetty ImagesA Malaysian lawmaker said a probe into the shareholdings of the country’s anti-graft chief Azam Baki allegedly uncovered that he owned shares worth 14 million ringgit ($3.6 million) in nine companies.“The latest news from Putrajaya currently circulating, according to government sources, is an allegation regarding the findings of the investigation,” former economy minister Rafizi Ramli said in a statement Friday. Other than the value of the shares, it is also alleged that “the purchase of these shares did not receive approval, nor were they declared,” he said.