'Datuk' remanded in RM75mil money laundering probe
A four-day remand order, until July 6, was issued by magistrate Irza Zulaikha Rohanuddin following an application by the MACC at the Putrajaya Magistrate's Court earlier this morning.
According to sources, the male suspect, in his 50s, was detained at about 4pm yesterday when he presented himself at the MACC headquarters to give a statement.
"The suspect is believed to have committed the offence in 2012, involving the approval of RM400 million in loan financing for a fibre network development project.
"Initial investigations suggest that RM75 million from the amount was channelled to a company owned by the suspect," the source said.
On June 30, MACC's Special Operations Division carried out raids at four separate locations, including the suspect's residence and office in Selangor and Kuala Lumpur.
"During the operation, the MACC froze 12 bank accounts, both personal and corporate, estimated to contain about RM400,000," the source added.
Meanwhile, MACC Special Operations Division senior director Datuk Mohamad Zamri Zainul Abidin, when contacted, confirmed the suspect's arrest.
The case is being investigated under offences related to the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act (AMLA) 2001.
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