Rafizi Unshaken Amid MACC Raid Threat

Background of the Situation

In Ampang, former economy minister Rafizi Ramli has recently received news that his residence will be searched by the Malaysian Anti-Corruption Commission (MACC). This comes after a report linked him to a government agreement with UK-based semiconductor company ARM Holdings. Despite this, Rafizi remains unfazed by what he describes as "intimidation tactics."

Rafizi's Response

Rafizi, known for his critical stance towards the government, shared his reaction during a press conference. He mentioned that he is no stranger to being arrested and locked up, stating that such tactics were used by the previous regime and failed to deter him.

"I told my wife to clean up the house a bit in view of the raid that will take place soon," he joked, showing his nonchalant attitude towards the situation.

Reactions to the MACC Report

Last night, Rafizi dismissed the MACC report filed against him regarding the ARM Holdings agreement. He encouraged the anti-graft agency to conduct any investigation they deemed necessary.

"Apparently, ARM bribed me. They can dig all they want. I didn’t even get lunch or souvenirs (from ARM), let alone kickbacks. I’m still as poor as before. I don’t have millions in shares," he wrote on X, highlighting his belief that there is no substance to the allegations.

NGOs' Allegations

Three NGOs had previously filed a report alleging that a former minister had abused his power involving a government contract worth nearly RM1.1 billion awarded to a foreign firm. The report also implicated a former officer who had served with the company.

Details of the ARM Holdings Agreement

Malaysia committed US$225 million (RM930.52 million) to a four-year partnership with ARM, a semiconductor and software design firm. The aim of this deal is to lower the barriers for Malaysian companies seeking access to its intellectual property and technology. As part of the agreement, the deal includes developing "Made by Malaysia" AI chips by leveraging ARM’s technology.

Previous Incidents Involving Rafizi

In November 2022, MACC raided Invoke Solutions Sdn Bhd, the data firm founded by Rafizi, after an NGO lodged a report against him over his assets declaration. This incident highlights the ongoing scrutiny faced by Rafizi.

Additionally, Rafizi was previously sentenced to jail over two charges of possessing a page of the 1MDB audit report and revealing the contents of the report in a press conference at the Parliament building. This history of legal issues adds context to the current situation surrounding the MACC raid.

Conclusion

The situation involving Rafizi Ramli and the MACC highlights the complex interplay between political figures and anti-corruption agencies in Malaysia. As the investigation unfolds, it remains to be seen how the allegations will impact Rafizi's public image and future actions. The ongoing scrutiny underscores the importance of transparency and accountability in governance.