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.
Two corporate siblings, holding the titles of "Datuk Seri" and "Datuk Wira," have been remanded by the Malaysian Anti-Corruption Commission (MACC) for allegedly participating in a RM10 million investment deal involving misappropriation of funds and abuse of power. Magistrate Ezrene Zakariah issued a five-day remand order against both suspects after the MACC made an application at the Putrajaya magistrates' court today, according to Utusan Malaysia.
The two suspects, in their 40s and 50s, were arrested at around 9pm yesterday when they visited the MACC headquarters to provide their statements. They are accused of jointly committing the alleged offense at the end of 2020 and colluding with an officer from an education foundation to approve the investment in a company owned by another sibling of theirs.
In connection with the investigation, MACC seized 15 luxury cars, 12 high-powered motorcycles, five luxury watches, three bracelets, and approximately RM30,000 in cash. Abd Halim Aman, the MACC chief commissioner, 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.
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