Penang CM: Business as usual at PDC amid MBI probe
He said this when asked if PDC's accounts had been frozen pending investigations into the into the Mobility Beyond Imagination (MBI) investment scheme.
"Ask the police. Ask far as I know, PDC is still operating as usual.
"For other details, please ask the police. I, myself, have no information. It is not my responsibility to answer," Chow, who is PDC chairman, told newsmen here today.
Officers from the Bukit Aman Special Task Force on Anti-Money Laundering (AMLA) visited PDC headquarters on July 9, as part of a nationwide investigation into the MBI investment scheme.
The visit was aimed at tracing financial flows possibly linked to the scheme.
The transactions involved the Bayan Mutiara development, where a company linked to MBI became the major shareholder in 2018.
Chow had repeatedly said that PDC was not the subject of the investigation, but assisting as a stakeholder involved in earlier commercial transactions that might be relevant to the probe.
Home Minister Datuk Seri Saifuddin Nasution Ismail confirmed that enforcement efforts were discussed by Prime Minister Datuk Seri Anwar Ibrahim and Chinese President Xi Jinping during Xi's visit in April.
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