KANGAR: A suspect in a case involving criminal breach of trust (CBT) and falsification of documents leading to a loss of almost RM8mil since 2018 has been remanded for five days.
The remand period takes effect from Thursday (Oct 12).
Kangar district police chief Asst Comm Yusharifuddin Mohd Yusop said the remand order for the 47-year-old man was issued by Magistrate Nurshahida Abdul Rahim earlier in the day.
"He was arrested in Alor Setar on Wednesday (Oct 11) for investigations under Sections 409 and 471 of the Penal Code,” he said.
On Sept 5, it was reported that police were tracking down the man following an Aug 26 report from a foreign investor claiming to have lost almost RM8mil after being deceived by his business partner in this country. – Bernama