MACC remands brothers with ‘Datuk Seri’, ‘Datuk Wira’ titles over alleged RM10m investment abuse
KUALA LUMPUR, Oct 1 — Two corporate figures, who are brothers, have been remanded for five days over an alleged ab...
Two brothers, both holding high-ranking titles of Datuk Seri and Datuk Wira, have been remanded for five days by the Malaysian Anti-Corruption Commission (MACC) over allegations of abusing their positions to abuse a RM10 million investment. The MACC obtained the remand order on October 1, 2021, with the order set to last until October 5, 2021.
The two men, in their 40s and 50s, were detained at around 9pm the previous day after providing their statements at the MACC headquarters in Kuala Lumpur. According to a source, they were suspected of colluding in the alleged offense in late 2020, and are believed to have cooperated with an officer from an education-based foundation to approve the investment in the elder brother's investment company.
The MACC also seized a significant amount of luxury items, including 15 cars, 12 motorcycles, five watches, three bracelets, and approximately RM30,000 in cash. MACC chief commissioner Datuk Seri Abd Halim Aman confirmed the ongoing investigation, stating that the case is being handled under Section 23 of the MACC Act 2009.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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