PETALING JAYA: The Cabinet has left it to the Finance Ministry or Security Commission to sort out an official statement with regard to the controversial share issue surrounding Datuk Seri Azam Baki, said Datuk Seri Dr Wan Junaidi Tuanku Jaafar ."The Cabinet decided that since the SC is under Finance Ministry, the statement is either coming from the SC or the Finance Ministry, and then we will take the thing from there," Wan Junaidi said when contacted by The Star on Wednesday night.
SC said that as a capital market regulator, its regulatory remit was set out under the Securities Commission Malaysia Act 1993 , Capital Markets and Services Act 2007 , and the Securities Industry Act 1991 . "Azam operated the account that he had opened, in that he had given instructions to buy, sell and transfer securities from the said account.