Hussin brothers step aside from board roles under MACC investigation

Nazir Hussin has relinquished his role at Kinergy Advancement Bhd, while both he and his brother Mubarak have stepped aside from Avangaad Bhd. The brothers are understood to have taken garden leave pending the outcome of the Malaysian Anti-Corruption Commission's inquiry.

The development marks a significant moment for the prominent business figures, who have maintained extensive interests across multiple sectors. Sources close to the matter indicated the temporary departures were made to facilitate the investigation without disrupting normal business operations at the respective companies.

The MACC probe is understood to be examining various business transactions and corporate governance matters. Neither the commission nor the companies involved have disclosed specific details regarding the investigation's scope or timeline.

The Hussin brothers' decision to step back from their positions is consistent with standard practice when individuals are subject to official investigations. The arrangement allows the companies to maintain operational continuity while the probe proceeds.