KUALA LUMPUR: The police have confirmed receiving a report on the admission by Malaysian Anti-Corruption Commission (MACC) chief commissioner Tan Sri Azam Baki that he allowed his brother Nasir Baki to use his account to purchase shares.

Bukit Aman Criminal Investigation Department director Datuk Seri Abd Jalil Hassan in a statement tonight said the police report had also been referred to the Securities Commission Malaysia for further action.

On Wednesday, Azam denied allegations that he had control over many companies, including conglomerates, and described them as malicious accusations.

Azam was reported to have said that it was a 'total lie' to create a negative perception against him.

-- BERNAMA