KUALA LUMPUR, Jan. 15 -- The Malaysian Anti-Corruption Commission (MACC) has seized over millions in cash, gold, and luxury goods and frozen more than tens of millions in company accounts in the investigation into alleged corruption in army procurement contracts.

MACC chief Tan Sri Azam Baki said at press conference today that the probe centres on two main cases involving alleged bribery, abuse of power, and money laundering.

To date, a total of 23 people, including armed forces personnel and civilians, have been arrested.

In the first and larger case, seizures include RM5.8 million in cash (local and foreign currency), a Range Rover, 26 luxury watches (mostly Rolexes) worth RM2.3 million, as well as gold, diamonds, and jewellery. The ...