KUALA LUMPUR: The remand for four individuals, including a 61-year-old senior executive of a television station in Sarawak, has been extended for three more days in connection with a money laundering case, says Tan Sri Razarudin Husain.
The Inspector-General of Police said the suspects have been remanded until Wednesday (Jan 15).
"The suspects - the senior executive and his family members aged between 20 and 60 years old - are being investigated by the IGP secretariat’s Anti-Money Laundering (Amla) division.
"We are investigating further to track suspicious money flow transactions," he said when contacted on Monday (Jan 13).
It was reported that the senior executive was among five individuals detained in connection with a money laundering and criminal breach of trust investigation.
The suspects were detained in a special operation conducted by the IGP secretariat’s Amla division in a special operation codenamed "Ops Ragada" last Friday (Jan 10).
Razarudin had said the division's officers had detained four men and a woman aged between 25 and 61 years old in connection with the ongoing investigation.
"We are investigating under Section 4(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act (AMLATFPUAA) 2001," he said.
The IGP said the investigation and subsequent arrests were made possible through intelligence gathering conducted by the division.
"The investigation discovered suspicious financial transactions between 2017 and last year.
"We believe the suspects were involved in money laundering, criminal breach of trust as well as illegally awarding tenders for projects.
"We also seized several items, including documents, vehicles and bank accounts worth RM17.4mil," he said.
