Phang Li Koon arrested

GEORGE TOWN: Phang Li Koon (pic), who sold the Pinhorn Road bungalow to Chief Minister Lim Guan Eng, is believed to have been arrested by police and Malaysian Anti-Corruption Commission officers.

It is not known where and when Phang was arrested but a senior state government official confirmed the arrest.

In a statement on May 25, the MACC said it has completed its probe into the bungalow purchase and submitted the investigation papers to Attorney-General Tan Sri Mohamed Apandi Ali.

The MACC had also said appropriate legal action would be taken if the A-G was satisfied with the explanation given by the anti-graft body in its investigation papers.

It was reported that Lim has been under investigation by the MACC for alleged corrupt practices involving the purchase of the bungalow on July 28 last year.

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