KUALA LUMPUR: Two people, one with a "Tan Sri" and another with "Datuk" titles, detained in connection with the alleged misappropriation of RM300mil in investment funds, have been released on bail.
Sources said the woman was released at about 2pm on Saturday (Jan 24) after a five-day remand, while the Tan Sri was released at noon on Sunday (Jan 25).
The Malaysian Anti-Corruption Commission (MACC) has expanded its list of seized assets, which now includes six houses valued at RM6.54mil, a parcel of land worth RM1.8mil and two luxury vehicles valued at RM1.35mil.
This brings the total value of seized assets to RM9.7mil. Furthermore, 14 bank accounts have been frozen, with the exact balances currently being verified.
MACC chief commissioner Tan Sri Azam Baki confirmed the releases and stated that investigators have recorded statements from 10 witnesses.
He added that the commission is actively tracing other witnesses to complete the investigation into the large-scale fraud.
Azam reiterated that the MACC remains committed to expediting the probe, noting its significant public interest.
The suspects were originally arrested on Jan 22 on suspicion of involvement in fraudulent activities involving over RM300mil in Kuala Lumpur.
