Malaysian Anti-Corruption Agency Investigates State Pension’s eFishery Investment Losses

Malaysia's anti-corruption agency launches investigation into state pension fund's failed investment in Indonesian agritech start-up eFishery.

Editorial Desk

July 19, 2026 One Min Read

POLICY WIRE — Kuala Lumpur, Malaysia — Malaysia’s anti-corruption agency has initiated an investigation into the financial losses incurred by the state pension fund, Kumpulan Wang Persaraan Diperbadankan (KWAP), following its investment in the now-failed Indonesian agritech start-up, eFishery.

A specialized team was formed on Friday to “study and examine the issue thoroughly,” according to a statement released by Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Abdul Halim Aman on Saturday.

“The investigation will be conducted fairly, transparently, and impartially based on existing legal provisions,” Abdul Halim Aman stated.

Further details regarding the financial impact — and specific nature of the losses haven’t been disclosed. The MACC’s probe aims to determine whether any misconduct or irregularities contributed to the investment’s failure.

eFishery, once hailed as a pioneering agritech company, faced significant challenges leading to its downfall. The circumstances surrounding its collapse have raised concerns about the due diligence processes undertaken by KWAP prior to the investment.

This investigation underscores the importance of transparency and accountability in public fund management, particularly in high-risk investment ventures.

Reporting by Policy-Wire (PW)

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