MACC remands two corporate figures, seizes 15 luxury cars
KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has remanded two corporate figures for five days to assist investigations into alleged collusion and abuse of position involving a RM10 million investment.
The Malaysian Anti-Corruption Commission (MACC) has extended custody of two corporate figures for an additional five days to aid investigations into alleged collusion and abuse of power, following a RM10 million investment. The suspects, identified as Datuk Seri and Datuk Wira brothers in their 40s and 50s, will remain in detention until October 6 after a hearing at the Putrajaya Magistrate's Court. The MACC's application for remand was made at the court premises this morning.
Arrested yesterday evening around 9 PM, the brothers appeared at MACC headquarters in Putrajaya to provide statements. Initial probe revealed that they allegedly colluded with an officer from an education-focused foundation to endorse an investment worth around RM10 million in a company controlled by the elder brother of the first suspect in late 2020.
MACC also confiscated 15 luxury vehicles, including 12 high-powered motorcycles, five luxury watches, three bracelets, and approximately RM30,000 in cash. Further details will follow.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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