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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...

MACC remands brothers with ‘Datuk Seri’, ‘Datuk Wira’ titles over alleged RM10m investment abuse

Two brothers, both holding prestigious titles Datuk Seri and Datuk Wira, have been remanded by the Malaysian Anti-Corruption Commission (MACC) for five days following accusations of abusing their positions involving an investment of roughly RM10 million. The MACC obtained the remand order from Magistrate Ezrene Zakariah at Putrajaya Magistrate's Court, with the detention period lasting from October 1 to October 5.

The two men, aged 40s and 50s, were apprehended around 9pm yesterday after providing statements at the MACC headquarters. Initial investigations revealed that the pair were suspected of collaborating in the alleged offence in late 2020. It is further believed that they worked in tandem with an officer from an education-based foundation to approve an investment of about RM10 million into an investment company owned by the elder brother.

In connection with the case, the MACC has seized valuable assets including 15 luxury cars, 12 high-powered motorcycles, five luxury watches, three bracelets, and approximately RM30,000 in cash. The MACC's chief commissioner, Datuk Seri Abd Halim Aman, confirmed the ongoing investigation under Section 23 of the MACC Act 2009 upon request.

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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