PETALING JAYA: The three bank officers caught for alleged money laundering and corruption have been remanded for five days.
The three suspects were remanded at the Putrajaya Sessions Court on Wednesday (May 14).
ALSO READ: MACC nabs three bank officers over money laundering, graft involving over RM21mil
According to sources, the three were believed to have used, possessed and laundered funds from bribe payments received from three companies in 2024.
"Based on early investigations, one of the three was a department head who had received bribes of over RM170,000 from three companies that had applied for five loans worth RM21mil.
"The money was payment for processing and approving the loans," the source said.
Four bank accounts, totalling RM268,000 have also been frozen. Several items including a laptop were also seized.
Malaysian Anti-Corruption Commission (MACC) money laundering prevention division director Norhaizam Muhammad confirmed the remand.
The case is being investigated under Section 41(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.
