MACC chief Azam Baki said he did not immediately respond to allegations on his shareholdings because he believed he did nothing wrong.

Speaking briefly at a press conference this afternoon, the top graft buster said he is answerable only to the MACC Corruption Prevention Advisory Board, also known as LPPR, and had given his explanation about the issue to them.

"I did not respond (to the allegation) in public because I did not do anything wrong," he said in answering a journalist's question on why it took him some time to openly address the issue.