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THE anti-corruption agency has escalated efforts to secure the cooperation of a key witness in a high-profile probe linked to a major semiconductor investment deal, raising the prospect of international intervention if he fails to return.
The Malaysian Anti-Corruption Commission (MACC) has issued a formal directive requiring Chai Jin Shern, also known as James Chai and a former aide to former Economy Minister Datuk Seri Rafizi Ramli, to present himself within two weeks to assist in investigations.
The investigations are into alleged irregularities involving a deal with ARM Holdings Plc, a leading United Kingdom-based semiconductor firm.
Authorities say Chai has been identified as a crucial individual in the inquiry, which centres on alleged misappropriation tied to a RM1.11 billion investment.
The case has drawn heightened scrutiny due to its scale and its connection to strategic technology investments.
The commission revealed that a notice to locate Chai was first issued on 4 March 2026.
Subsequently, his legal representatives informed investigators on 9 March that he was unable to attend an interview, citing travel costs and work commitments.
A further extension was granted on 13 March, setting a new deadline of 31 March, but no confirmation of attendance was received.
In its latest move, the agency has renewed its directive while offering to cover travel expenses to facilitate his return.
“MACC has issued a letter today requiring James Chai to appear within two weeks, and the commission is prepared to bear the cost of his flight back to Malaysia to assist in the investigation,” it said.
The commission made clear that continued non-compliance could trigger cooperation with international enforcement bodies.
Should Chai fail to respond after multiple extensions, authorities may seek assistance through Interpol or foreign agencies to locate and secure his presence.
In a pointed remark, the agency underscored the expectation of cooperation from all individuals involved.
“If James Chai maintains that he has not committed any wrongdoing, the appropriate course of action is to come forward and provide a statement to SPRM, not to continue issuing explanations in the public space without presenting himself to the authorities,” it said.
Investigators have already recorded statements from 17 witnesses, including officials from the Ministry of Economy and agencies such as the Malaysian Investment Development Authority, while key documents, including agreements and supporting materials, have been seized.
At least eight additional witnesses, some believed to be overseas, are expected to be called.
The probe, initiated following a report lodged on 12 February, is ongoing, with the commission emphasising that no individual is above the law and that the investigation will proceed independently and based on evidence.
The case reflects growing scrutiny over large-scale investment deals and governance standards in Malaysia, as authorities seek to reinforce accountability in sectors critical to the country’s economic ambitions. - April 1, 2026