Police probe Mandiri over suspected unlawful funds
KUALA LUMPUR: Police are investigating Mandiri Development Centre Sdn Bhd over funds suspected to be proceeds from unlawful activities received between 2024 and this year.
Two directors of Mandiri Development Centre Sdn Bhd have been arrested in connection with an investigation into suspected illicit funds, according to Inspector-General of Police Tan Sri Mohd Khalid Ismail. The investigation, which began on September 10, is examining funds reportedly linked to illegal activities from 2024 to 2026.
Both directors were arrested on September 21 at the Anti-Money Laundering Criminal Investigation Office in Kuala Lumpur. The investigation will look into the storage, transfer, use, deposit and withdrawal of the funds, which are allegedly tied to proceeds from unlawful activities. Mohd Khalid urged the public not to speculate or disseminate unverified information about the ongoing investigation, assuring that it will be conducted professionally and transparently in accordance with the law.
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