MCA has urged Putrajaya to commence investigations against MACC chief Azam Baki's alleged large stake in a public listed company.

In a statement today, MCA spokesperson Chan Quin Er (above) said the probe is necessary to maintain MACC's image as a credible and professional body.

"According to reports, Azam, during his tenure as MACC chief, is accused of owning two million shares in a public-listed company.

"If these allegations are true, there will be an element of conflict of interest and a violation of rules governing public servants," said Chan, who is a former deputy public prosecutor.

She noted that Azam and the MACC have yet to issue any public statement on the matter, which would only sow doubts on their credibility.

"The MACC is supposed to be a professional body entrusted to fight corruption. If it ignores matters of integrity concerning their own officers, this is a form of negligence," Chan added.

Malaysiakini has contacted Azam for comment.

On Dec 14, Sungai Buloh MP R Sivarasa filed an emergency motion to the Dewan Rakyat Speaker's Office, seeking an urgent debate on the allegations against Azam.

According to Sivarasa, Azam owned 2,156,000 warrants in Excel Force MSC Bhd as of March 21, 2016.

Sivarasa claimed this could be in violation of Section 23 of Service Circular 3/2002 which prevents a civil servant from owning an equity stake that is valued above RM100,000.

Prior to this, a member of the MACC’s Consultation and Corruption Prevention Panel brought the matter up to panel chief Borhan Dolah on Nov 12.

Panel member Edmund Terence Gomez, in his correspondence with Borhan, had attached documents pertaining to Azam's corporate interest but the panel did not act on his complaint.

Following this, Gomez resigned from the panel on Dec 27.

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