Two Mandiri Development Centre directors arrested over suspected unlawful funds


KUALA LUMPUR: Two directors of Mandiri Development Centre Sdn Bhd have been detained to assist investigations into suspected receipt of proceeds from unlawful activities.

Inspector-General of Police Tan Sri Mohd Khalid Ismail said the two individuals were detained at about 3.53pm on Tuesday (Sept 22).

He said police opened an investigation paper under Section 4(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (Act 613) on Sept 10.

"The investigation was opened following a police report lodged based on a review of the company concerning the receipt of funds suspected to have originated from unlawful activities between 2024 and 2026," he said in a statement on Wednesday (Sept 23).

Mohd Khalid said the investigation would cover parties suspected of being linked to the case, including matters involving the storage, transfer and use of funds, as well as the entry or withdrawal of money suspected to be linked to proceeds from unlawful activities.

He also urged the public not to speculate or circulate unverified information concerning the ongoing investigation.

"Any statement or dissemination of information that is not based on facts could confuse the public and potentially affect the smooth progress of the investigation," he said.

Mohd Khalid assured that the investigation would be conducted professionally and transparently, in accordance with the law.

"The investigation will continue comprehensively against any party suspected of having links to the case," he added.

 

 

 

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