KOTA KINABALU: The 127 land titles seized from Sabah Water Department deputy director Teo Chee Kong, who was arrested with his director Ag Tahir Ag Talib for alleged massive corruption, are valued at RM30mil.
The land grants and titles for agriculture, commercial and housing plots were valued by the state Land and Survey Department, sources said.
They have also discovered some RM30mil in bank accounts held by the two in three countries.
About RM29mil of the overseas money was in Teo’s accounts while the remaining RM1mil was in the account of Ag Tahir, the sources said Monday.
Malaysian Anti-Corruption Commission (MACC) deputy chief commissioner Datuk Azam Baki confirmed the valuation of the land titles and the discovery of the money overseas.
He said investigators have so far questioned 40 witnesses directly involved in the contracts and implementation of the RM3.3bil federal allocation for water projects.
He said they would be seeking to further remand the two senior officials and the deputy director’s brother and his accountant for further questioning.
They were arrested on Oct 4 and their remand ends Tuesday.
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