KUALA LUMPUR, Feb 10, 2026 — Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Tan Sri Azam Baki has been disclosed as holding millions of shares in a listed financial-services company, marking the first public appearance of a substantial shareholding under his own name since a major controversy several years ago.
According to an annual filing lodged with the Companies Commission of Malaysia (SSM), Azam owned 17.7 million shares in Velocity Capital Partner Bhd. as of February 3, 2025. Based on Tuesday’s closing price, the stake is valued at nearly RM800,000.
The disclosure is significant given the public uproar in 2021 and 2022, when Azam faced intense scrutiny over undisclosed shareholdings linked to his family members. The revelations at the time triggered protests and calls for his resignation, raising questions about transparency and conflict of interest at the nation’s top anti-graft body.
This latest filing represents the first major shareholding publicly registered in Azam’s own name since that episode. While no wrongdoing has been alleged in relation to the Velocity Capital stake, the disclosure is likely to reignite debate over asset transparency and ethical standards for senior public officials.
Azam has previously maintained that his past share transactions were conducted legally and in accordance with existing regulations. He continues to serve as MACC chief, a position that plays a central role in Malaysia’s governance, accountability, and anti-corruption efforts.
The development comes amid ongoing public discussion over whether Malaysia should introduce mandatory public asset declarations for senior officials and enforcement chiefs, a reform long advocated by civil society groups.
