Interpol has issued a Red Notice for Serba Dinamik founder and group managing director Datuk Mohd Abdul Karim Abdullah, Prime Minister Datuk Seri Anwar Ibrahim told Parliament on Tuesday. The alert follows an arrest warrant obtained by the Securities Commission Malaysia as regulators pursue a capital-market case involving alleged false information.
The development gives an international dimension to one of Malaysia's most closely watched corporate enforcement cases. It does not establish guilt: an Interpol Red Notice is a request to law-enforcement agencies worldwide to locate and provisionally arrest a wanted person, subject to each country's laws.
Serba Dinamik Founder Is Subject to an Interpol Red Notice
Anwar disclosed the Red Notice during Prime Minister's Question Time in the Dewan Rakyat on 20 October. The Star reported that the prime minister linked the international alert to the SC's continuing enforcement action against Karim.
The Securities Commission's wanted-persons register says a warrant was issued on 12 March 2026 for Karim's arrest and criminal prosecution under securities laws. The page asks anyone with information about his whereabouts to contact the regulator.
According to Free Malaysia Today, the current warrant relates to an alleged false statement submitted by Sarawak Consolidated Industries Bhd to Bursa Malaysia. Karim was formerly SCIB's chairman and non-independent non-executive director.
What a Red Notice Means — and What It Does Not
Interpol explains that a Red Notice seeks the location and arrest of a person wanted for prosecution or to serve a sentence. It is not an international arrest warrant, and national authorities decide what legal effect to give it.
That distinction matters for investors reading the latest announcement. The Red Notice can help Malaysian authorities locate Karim and request provisional arrest if he is found abroad, but any detention, extradition or court proceedings would follow the laws and judicial processes of the country involved.
The allegations also remain unproven unless established in court. Neither the notice nor the Malaysian arrest warrant is a conviction.
The Enforcement History Behind the Case
Karim and three other Serba Dinamik executives were charged in December 2021 over an alleged false statement concerning RM6.014 billion of revenue in the company's quarterly results for the period ended 31 December 2020.
The SC's 2022 enforcement review says the regulator later issued maximum RM3 million compounds to Karim and each of the other executives, alongside a RM3 million compound to Serba Dinamik. The company and executives paid a total of RM15 million, while an audit partner paid a separate RM2 million compound.
Serba Dinamik was subsequently delisted from Bursa Malaysia in June 2024. The latest action concerns a different alleged statement involving SCIB, although both matters centre on the accuracy of information supplied to the market.
Why the Red Notice Matters for Malaysia's Capital Market
Reliable disclosure is central to public-market confidence. Investors price securities using revenue, profit, debt and cash-flow statements filed by companies. When regulators allege that a statement was false, the case tests whether Malaysia's enforcement system can pursue individuals across borders as well as companies at home.
The news arrives as Malaysia expands the infrastructure supporting its financial markets. Bank Negara recently launched SSDS+ for tokenised bonds and sukuk, while the country's digital economy reached RM476.8 billion. Strong enforcement is part of the same credibility equation: new rails can attract capital only when disclosures and investor protections are trusted.
The case is also relevant to companies considering listings beyond Malaysia. BullBuzz has reported on IOI Properties' exploration of an SGX secondary listing, a reminder that issuers compete for capital across jurisdictions with different disclosure and governance expectations.
What Happens Next
Authorities will now seek to locate Karim and move the Malaysian proceedings forward. If he is detained outside Malaysia, the next steps would depend on local law and any applicable extradition arrangements.
For investors, the key facts are narrower than the political rhetoric around corporate crime. A Malaysian arrest warrant is active, Anwar says Interpol has issued a Red Notice, and the underlying allegations still require due process. Any confirmed arrest, extradition request or court appearance would mark the next material development.
This report is for information only and does not constitute investment advice.
Photo: Prime Minister Anwar Ibrahim answers questions in the Dewan Rakyat on 20 October 2026. Jabatan Penerangan via Utusan Melayu Plus.