PUTRAJAYA: Police are continuing investigations under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act (AMLA) following inspections at several premises linked to corporate figure Victor Chin, says Datuk Seri Mohd Khalid Ismail.
Speaking at a press conference on Monday (March 16), the Inspector-General of Police confirmed that action had been taken at several premises connected to the case as part of the ongoing probe.
“We are in the process of investigating. It is true that the investigation is continuing under AMLA and action has been taken at several premises related to the matter.
“At this stage, the case is still under investigation, and if necessary, I will call for another press conference,” he said during a press conference on Monday (March 16).
Earlier, Bukit Aman confirmed that raids were carried out at several premises linked to Victor Chin around Kemensah and Sungai Long in Kajang last Friday (March 13).
Mohd Khalid said the joint operation with the Securities Commission (SC) was conducted to assist investigations under AMLA.
According to a previous report, among the items seized during the raids were two cars, luxury watches, jewellery, cash in ringgit and foreign currencies, as well as documents related to the investigation.
The report also said Chin and his wife were not at home during the raid, although three domestic helpers were present at the premises.
Previously, Communications Minister Datuk Fahmi Fadzil said the Cabinet had instructed several enforcement agencies, including the police, the SC, the Malaysian Anti-Corruption Commission (MACC) and the Inland Revenue Board (LHDN), to carry out detailed investigations into alleged corporate manipulation.
