Krishnan Tan confirms full cooperation with MACC probe into IJM

PETALING JAYA: Tan Sri Krishnan Tan has confirmed that he is cooperating fully with investigations by the Malaysian Anti-Corruption Commission (MACC), following recent media reports linking him to ongoing probes.

In a personal statement issued on Saturday (Feb 8), Tan clarified that he served as the non-executive chairman of IJM Corporation Bhd and was not involved in the company’s day-to-day operations or management.

“I have fully cooperated with the authorities and will continue to do so. I have full confidence in the enforcement process and the laws of the country.

"At this juncture, it would not be appropriate for me to comment further as investigations are ongoing," he said.

Last month, IJM said Tan had met with officers from MACC and continues to cooperate fully with authorities.

“Other IJM personnel who have been requested to provide information are also cooperating fully as part of the process,” IJM said in a statement.

IJM also refuted allegations of money laundering, stressing that since 2012, its United Kingdom investments have been funded primarily through facilities from Malaysian financial institutions and channelled to relevant project-specific vehicles in the United Kingdom.

The company also dismissed reports suggesting it is linked to an investigation by the UK’s Serious Fraud Office, describing such claims as inaccurate.