MBI probe: Cops nab six more suspects, including Datuk Seri, two Datuks


KUALA LUMPUR: Follow-up investigations into the MBI investment scam have led to the arrest of six new suspects including one with the title of Datuk Seri, and two Datuks.

Inspector-General of Police Datuk Seri Mohd Khalid Ismail, at a press conference on the matter in Bukit Aman Friday (Aug 22), said that the six were arrested between July 26 and Aug 15.

Of the six, the suspects with the titles were also found to have companies listed on Bursa Malaysia, with businesses in home development and telecommunications.

“It is believed that they (the Datuk Seri and Datuks) have acted as proxies and the large sums of money brought in were laundered by investing in other business such as plantation purchases. These monies will then be declared as profits for their companies,” he said.

A real estate business was also seized in the latest round of seizures, bringing the total number of businesses seized to nine.

A further 88 bank accounts worth RM10,538,160.96 and 398.8 million shares worth RM88,857,452 were also seized in the latest round of investigations.

“In total, the operation as a whole has seized and frozen around RM6.6bil in assets," he said.

The IGP added that he believes investigations can be concluded by October this year with suspects being charged by then as well.

 

 

 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Here's a list of purchases you should ask for an e-invoice for
‘Get our rights but with tact’
‘Strengthen teacher unions to weather global changes’
Our therapists shine at massage championship
Push for ground engagement
Bottled water a lifeline for villagers after burst pipe
Long-distance marriage priority
Hotline harasser arrested after over 1,000 silent calls
Disciplined saving habit leads to RM1mil windfall
Tattoo shop a front for fake luxury goods

Others Also Read