KUALA LUMPUR: The former mayor caught under Ops Ragada is believed to have links to a company that had benefited from suspected laundered money.
When contacted, Inspector-General of Police Tan Sri Razarudin Husain said that he and another suspect were granted police bail after their initial arrest due to their health and age.
“All those who were caught, including the former mayor, were high level officials of a broadcasting company that we believed had approved projects that were misappropriated. The arrests also included parties that had received the ill gotten gains from these projects,” he said.
Previously, police had arrested five individuals, including a top management officer of the same broadcasting station, aged between 26 and 62 years old, to assist in the investigation.
One of them was released on police bail while the rest, including the officer's wife, children and brother-in-law were remanded for further investigation.
Investigations found that their modus operandi was to carry out money laundering through suspicious financial transactions and criminal breach of trust, tender fraud and awarding tenders to themselves or their family members.
The case is being investigated under Section 4(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (Act 613), Section 409 of the Penal Code, Section 420 of the Penal Code, Section 403 of the Penal Code and Section 23 of the Malaysian Anti-Corruption Commission Act 2009.
