MACC freezes over RM4.4 mil assets, nabs 18 for Bitcoin mining
DIANA AZIS01 Mar 2022 05:34pm
MACC's Azam Baki further reveals 18 of the 23 men aged 30 to 60 have been detained to assist in the investigation while five others will be detained after recovering from Covid-19. (Source: BERNAMA)
MACC chief Tan Sri Azam Baki said the bribes were paid in cash or in monthly "crypto" currency.
He further said under "Ops Power" raid, the syndicates tapped power lines directly or channelled electricity from other consumers to keep their bills low.
"The syndicates used mining machines brought from overseas through Port Klang and were declared as IT gadgets," Azam said during a press conference, today. Also present were TNB CEO Datuk Baharin Din and Energy Commission CEO Abdul Razib Dawood.
TNB’s losses since 2018 from bitcoin miners amounted to near RM2.3 billion from 7,209 reported cases.
Azam further said 18 of the 23 men aged 30 to 60 have been detained to assist in the investigation while five others will be detained after recovering from Covid-19.
He added that following the raids, assets worth a total of RM4.5 mil from 126 bank accounts belonging to 97 people and 29 companies have been frozen.
