[UPDATED]: MACC remands two corporate figures, seizes 15 luxury cars

KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has detained two corporate figures for a period of five days to aid investigations into allegations of collusion and abuse of power linked to a RM10 million investment. The two siblings, aged between 40 and 50 years, holding the ranks of Datuk Seri and Datuk Wira, were ordered to remain in custody until October 5 following an application by the MACC at the Putrajaya magistrate's court.

They were apprehended around 9pm yesterday after meeting with MACC officials at their headquarters in Putrajaya to provide statements. Initial probes revealed that the duo allegedly conspired with an officer from an education-focused foundation to sanction an investment of approximately RM10 million in a company owned by the elder brother of the initial suspect in late 2020.

In addition to their detention, MACC has confiscated 15 luxury vehicles, 12 high-end motorcycles, five high-end watches, three bracelets, and around RM30,000 in cash. Datuk Seri Abd Halim Aman, MACC's chief commissioner, confirmed the arrest of the two suspects when reached for comment. He stated that the case is being examined under Section 23 of the MACC Act 2009.