Kuala Lumpur, 27 April 2026 – Cropmate Bhd has confirmed that several bank accounts belonging to the company and its subsidiaries have been temporarily frozen by the Malaysian Anti-Corruption Commission, as part of an ongoing money laundering investigation.

The fertiliser manufacturer said it was notified of the freeze on 24 April. The order was issued under Section 44(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001, commonly known as AMLA.

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Abigail Cheong
I am Abigail, a journalist at The Ledger Asia, covering business and finance with a focus on the Malaysian Stock Market and key economic developments across Asia. Known for clear, accessible reporting, I deliver insights that help readers understand market trends, corporate movements, and regional news shaping the Asian economy.