Gobind urges police and MACC to reveal the status of investigations into alleged corporate mafia operations and corporate manipulation
PETALING JAYA: DAP national chairman Gobind Singh Deo has urged the police and Malaysian Anti-Corruption Commission (MACC) to disclose the status of investigations into allegations involving a purported “corporate mafia”.
Gobind, who is also Digital Minister, said sufficient time had passed for the authorities to examine the allegations after the Cabinet directed a detailed investigation in March.
“I call upon the Inspector-General of Police and the Chief Commissioner of the MACC to state clearly what has become of the investigations into the alleged ‘corporate mafia’ operations.
“This is a matter of paramount public interest with international implications that will impact market confidence, which makes it a matter of national significance demanding swift and firm action,” he said in a statement today.
Gobind said allegations had emerged suggesting that several individuals were involved in masterminding operations linked to the matter.
He urged the authorities to clarify what action had been taken and outline the next steps in the investigations.
He also called on the Inspector-General of Police and MACC chief to clarify whether individuals who could assist the probe, including businessman Victor Chin Boon Long, had been questioned.
“Malaysians are entitled to know where things stand on this matter and what concrete steps will be taken next to address the issue,” he said.
Allegations of a purported “corporate mafia” emerged as early as 2022 in connection with corporate and boardroom disputes involving several listed companies.
The controversy intensified following fresh allegations reported on Feb 11 that a group of businessmen had allegedly worked with certain MACC officers to pressure company founders and facilitate changes in corporate control.
Then MACC chief commissioner Tan Sri Azam Baki denied the allegations.
On March 11, the Cabinet instructed the police, MACC, Securities Commission Malaysia and Inland Revenue Board to continue detailed investigations into the alleged corporate manipulation.
Chin has denied being part of any “corporate mafia”, saying instead that he was a victim of a group seeking to seize control of NexG Bhd.
Police raided premises linked to Chin on March 13.
On March 30, police confirmed that Chin had been detained for three days in December 2025 under Ops Viking, an investigation into suspected money laundering through the acquisition and ownership of listed and private companies.
He was subsequently released on police bail.
