Two Mandiri Development Centre directors arrested in illicit funds probe
POLICE have arrested two directors of Mandiri Development Centre Sdn Bhd as part of an investigation into funds suspected to be linked to proceeds from illegal activities, Inspector-General of Police Tan Sri Mohd Khalid Ismail said. Mohd Khalid said ...
Two directors of Mandiri Development Centre Sdn Bhd have been arrested in connection with an investigation into suspected illicit funds, according to the Inspector-General of Police, Tan Sri Mohd Khalid Ismail. The arrest, which took place on September 10, 2026, is part of a broader probe into the storage, transfer, and use of funds that may be linked to proceeds from illegal activities between 2024 and 2026.
The investigation, opened under Section 4(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001, will examine the company's handling of suspected illicit funds. Mohd Khalid emphasized that the police will continue their comprehensive investigation and urged the public to avoid speculation or the dissemination of unverified information.
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- Mandiri under probe over suspected illegal proceeds, says IGP freemalaysiatoday.com
- Mandiri directors detained as police open probe over suspected unlawful funds malaymail.com
- Police probe Mandiri over suspected unlawful funds nst.com.my
