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Rafizi Denies Corruption Claims
Former Economy Minister Rafizi Ramli has dismissed allegations of corruption involving multi-billion ringgit projects, describing the investigations as a form of political intimidation.

Last updated at Feb 20, 2026

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🔥 Anwar Urges Caution

Prime Minister Anwar Ibrahim has urged the public and authorities not to be hasty in passing judgment against former Economy Minister Rafizi Ramli. He stated that while investigations should proceed if evidence exists, everyone should avoid premature condemnation until the full facts are known.

- Generated by AI

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🔥 "Overkill" Corruption Allegations

Former Economy Minister Rafizi Ramli has slammed allegations of corruption involving RM3.6 billion. He described the claims as overkill and stated that the public would not believe such unrealistic figures linked to his previous tenure in the government.

- Generated by AI

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🔥 The Allegations

The MACC probe into the former Economy Ministry involves two primary national initiatives totalling RM3.6 billion in combined project value:

● Silicon Vision (RM1.1 billion): This investigation focuses on a partnership with UK-based tech giant ARM Holdings, which critics claim was "rushed" and "one-sided." Rafizi has defended the project, stating that the deal was thoroughly vetted through multiple layers of Cabinet and Attorney-General approval.

● NETR Projects (RM2.5 billion): Allegations of misconduct have surfaced regarding a private joint-venture renewable energy project in Segamat involving UEM Lestra. Rafizi has clarified that the Ministry of Economy's role is strictly limited to policy setting, with no involvement in the procurement or commercial decisions made by private entities.

- Generated by AI

🗣️ Microchip Deal Not Rushed

Addressing a RM1.1 billion microchip deal, Rafizi clarified that the project followed all protocols. He noted that the proposal was presented to the Cabinet three times during his time as minister, denying claims that the process was rushed.

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🗣️ Claims Of Political Intimidation

Rafizi claimed the investigation by the Malaysian Anti Corruption Commission is a form of intimidation. He suggested the probe is retaliation for his previous demands for the suspension of Chief Commissioner Azam Baki over past share ownership controversies.

- Generated by AI

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📱 Legal Action Against Influencer

The former minister threatened legal action against influencer Caprice over allegations involving UEM Lestra. Rafizi stated he would not let slanderous claims go unanswered, especially those attempting to silence his voice on economic reforms and transparency.

- Generated by AI

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⏪ Previously: Demands For Azam Baki's Resignation

Rafizi previously led public calls for Azam Baki to step down or be suspended. He warned that the integrity of the anti corruption agency was at stake and urged for greater accountability to maintain public trust in national institutions.

- Generated by AI

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