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2 corporate siblings in remand as MACC probe alleged graft involving RM10mil

The duo, one a 'Datuk Seri' and the other 'Datuk Wira', are suspected of misappropriating funds and abusing their power in an investment deal.

2 corporate siblings in remand as MACC probe alleged graft involving RM10mil

In a recent development, two corporate siblings with the titles of "Datuk Seri" and "Datuk Wira" have been arrested and remanded by the Malaysian Anti-Corruption Commission (MACC) amid allegations of corruption and misappropriation of funds. The investigation centers around an investment deal worth approximately RM10 million.

According to the report from Utusan Malaysia, the suspects, both in their 40s and 50s, were apprehended around 9pm yesterday at the MACC headquarters when they arrived to provide their statements. The suspects are accused of jointly committing the offence at the end of 2020 and colluding with an officer from an education foundation to approve the investment in a company, which belonged to another sibling.

The MACC seized 15 luxury cars, 12 high-powered motorcycles, five luxury watches, three bracelets, and approximately RM30,000 in cash during the arrest. The MACC chief commissioner, Abd Halim Aman, confirmed the arrests and stated that the case is being investigated under Section 23 of the MACC Act 2009.

Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 3 other outlets

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