12 Malaysian officers under investigation for forcing the transfer of Chinese citizen's crypto assets

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Malaysian authorities have arrested 12 police officers on charges of extorting approximately 200,000 ringgit (equivalent to $51,000 USD) in crypto assets from a group of Chinese nationals during a midnight raid at a house near Kuala Lumpur, according to SCMP.

Selangor police chief, Mr. Shazeli Kahar, stated that the arrests were announced on Thursday after one of the eight victims—aged between 25 and 45—filed a complaint on February 6. Local media reported that the group claimed officers raided a bungalow in Kajang, a suburb of Kuala Lumpur, seized phones and laptops, and forced one victim to transfer digital assets to a specific crypto wallet address.

“We acted immediately and detained 12 police officers for investigation,” Mr. Kahar said, affirming that the case is being handled as an organized crime involving crypto assets of foreign nationals.

Mr. Kahar emphasized that the Selangor police “will not tolerate any officers or members involved in criminal activities,” highlighting the seriousness of the investigation.

The arrests occurred just days after Malaysia’s King, Sultan Ibrahim Sultan Iskandar, warned that corruption within government agencies remains under close scrutiny. On Monday, the monarch declared that individuals involved in corruption across various agencies, including the police force, are “within his radar,” and stressed: “Don’t think I don’t know anything. I also have my own intelligence system.”

The Malaysian government has also intensified its anti-corruption campaign since Prime Minister Anwar Ibrahim took office in 2022. In recent months, several senior officials and public figures have been prosecuted as part of a broader effort to curb abuse of power in the public sector.

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