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Former Economy Minister Datuk Seri Rafizi Ramli has clarified that MACC investigations into the RM1.1 billion semiconductor investment have concentrated on procedural issues rather than financial transactions, contrary to earlier reports.
Former Economy Minister Rafizi Ramli has finished giving his statement to the Malaysian Anti-Corruption Commission after four days of questioning concerning a RM1.1 billion semiconductor investment deal with UK-based Arm Holdings.
The MACC is finalising its investigation into a RM1.1 billion semiconductor investment deal involving Arm Holdings and Malaysia's Ministry of Economy. Chief commissioner Tan Sri Azam Baki says two individuals have been identified for prosecution.