Mandiri under probe over suspected illegal proceeds, says IGP
Khalid Ismail says Mandiri is being investigated for allegedly receiving funds suspected to be the proceeds of unlawful activities.
Police have launched an investigation into Mandiri Development Centre Sdn Bhd, focusing on funds allegedly derived from criminal activities between 2024 and 2026. The Anti-Money Laundering Criminal Investigation Team at Bukit Aman initiated the probe on September 10 after reviewing the company, according to a press statement.
Inspector-General of Police Tan Sri Mohd Khalid Ismail stated that the investigation will examine the handling, transfer, utilization, and movement of suspected illicit funds. Two Mandiri directors were arrested on September 22 at the Anti-Money Laundering Investigation Office in Jalan Tun Razak to aid the inquiry. The case is being handled under Section 4(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.
Khalid cautioned the public against speculating or disseminating unverified information about the ongoing investigation, as false statements could confuse the public and impede the investigation. He emphasized that the police will handle the case professionally, transparently, and in accordance with the law.
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- Mandiri under probe over suspected illegal proceeds, says IGP freemalaysiatoday.com
- Two Mandiri Development Centre directors arrested in illicit funds probe thevibes.com
- Mandiri directors detained as police open probe over suspected unlawful funds malaymail.com
- Police probe Mandiri over suspected unlawful funds nst.com.my
