KUALA LUMPUR: Mayu Global Group Bhd
announced that it is currently seeking legal advice regarding the freeze order issued by the Malaysian Anti-Corruption Commission (MACC) concerning the bank accounts of its subsidiary, Sunrise Manner Sdn Bhd (SMSB).
The bank account of SMSB was frozen under Section 44 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (Act 613). Under this legislation, authorities have the power to freeze assets as part of an investigation into suspected offences.
