Detained Datuk freed on bail
MACC yet to divulge reason for arrest and details of investigation
PETALING JAYA: A businessman who was held by the Malaysian Anti-Corruption Commission (MACC) on Monday has been freed on bail by the commission.
MACC sources when contacted confirmed that the businessman, who is also a Datuk and concert organiser, was released past noon yesterday.
The 42-year-old businessman was detained along with two other individuals for investigations under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA).
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The MACC has yet to divulge details on why the businessman was picked up.
The businessman was known for organising entertainment events in Malaysia involving superstars and famous artistes from the Indian film and music industry.
He was under remand to facilitate investigations into questionable funds amounting to RM500mil.
The businessman was picked up from his house in Gombak.
He was taken to the Shah Alam Magistrate Court on Tuesday, which allowed for him to be remanded for a day.
The suspect was then brought to the MACC headquarters here for investigation.
“Yes, he has been released. The two other suspects arrested in connection with the same case are expected to be released tomorrow (Thursday),” said a source familiar with the investigation.
One of the two suspects was arrested in Nilai on Monday but not much information was available on the third suspect.
On Monday, RM38mil in cash, RM60mil worth of gold and several supercars were seized by authorities following a multi-agency raid, where the businessman and several others were detained.
The operation was carried out by the Multi Agency Task Force (MATF) led by MACC.
According to sources, the joint operation was carried out by the police, Immigration Department, Customs Department, Bank Negara Malaysia, Inland Revenue Board (LHDN) and Cyber Security Malaysia (CSM).
“Dubbed Op 82S, this is the first operation carried out under the MATF Task Force chaired by the Attorney General.
“Simultaneous raids were carried out in 34 locations in Kuala Lumpur and Selangor, involving 315 officers from various agencies,” the source said.
When contacted, MACC Chief Commissioner Tan Sri Azam Baki confirmed the arrest, adding that the case was being investigated under the MACC Act 2009, the Anti-Money Laundering, Anti-Terrorist Financing and Proceeds of Unlawful Activities Act (AMLATFPUAA) 2001 as well as the Income Tax Act 1967 and the Customs Act 1967.
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