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MACC seeks update from Germany over seizure of ‘rare’ Bugatti Veyrons – eNews Malaysia

PETALING JAYA: The Malaysian Anti-Corruption Commission (MACC) has confirmed that it’s searching for clarification from the related authorities in Germany over the confiscation of 4 Bugatti Veyrons in relation to a probe into the 1MDB scandal.

MACC chief commissioner Azam Baki mentioned on Oct 26, 2022, it had requested data from the Germans relating to luxurious automobiles bought utilizing funds from 1MDB.

“MACC had requested data from the German authorities relating to 1MDB bond funds used to buy luxurious automobiles in Germany.

“Following this newest improvement, MACC has despatched a request for up to date data from the German authorities,” he mentioned in a press release.

He was responding to a report by German newspaper Bild, on the confiscation of 4 particular version Bugatti Veyron supercars from a non-public storage facility in Munich just lately.

The 4 automobiles that have been seized have been mentioned to have a complete retail worth of over RM14 million. However, in line with Bild, the precise worth of the autos was robust to estimate and that they have been not often bought at public auctions.

Azam mentioned MACC had initiated an investigation into this matter in 2020. A mutual authorized help (MLA) request to Switzerland for data on frozen belongings associated to the 1MDB scandal was despatched in November 2020.

“This was adopted by conferences with the Office of the Attorney General of Switzerland (OAG) relating to 50 luxurious automobiles concerned within the 1MDB investigation in 2021,” he mentioned.

He added that in March 2022, a gathering with the OAG was held in Switzerland to debate the progress of the MLA request and to acquire additional data.

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