Penang land sale probe: MACC extends remand for agency chief and company director

The Malaysian Anti-Corruption Commission (MACC) has extended the remand period for a government agency chairman and a company director, both named Datuk, for three additional days to aid their investigations into an abuse of power case involving the land sale in Penang. The case, estimated to have resulted in RM1.96 million in losses, involves the disposal of eight plots of land below market value to a company owned by an associate of the accused.

The two Datuks were among five individuals detained by the MACC, with three subsequently released on bail. The investigation is being conducted under Section 23 of the MACC Act 2009.

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