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The Malaysian Anti-Corruption Commission is expected to announce key findings this week in its ongoing investigation into the Kumpulan Wang Amanah Pensiun's RM200 million investment in Indonesian aquaculture technology company eFishery.
The Malaysian Anti-Corruption Commission has opened a formal investigation into RM200 million in losses incurred by the Retirement Fund (Incorporated) on its investment in eFishery, an Indonesian aquaculture technology firm.
Malaysia's retirement fund KWAP lost nearly RM200 million in an Indonesian aquaculture startup after falling victim to a coordinated fraud scheme involving falsified financial documents and deceptive management practices.