MACC nabs another individual linked to money laundering

Latest arrest comes after arrests of three businessmen, questioning of 20 money changers, goldsmith

4:27 PM MYT

 

KUALA LUMPUR – The Malaysian Anti-Corruption Agency (MACC) nabbed another individual yesterday in connection with money laundering, following the arrests of three businessmen on Tuesday.

A senior source from MACC confirmed this with Scoop this afternoon.

This comes after the commission had arrested the three businessmen and summoned 20 money changers and a goldsmith on Tuesday. 

“They have been released for now, but the investigations are not complete, and we will be talking to them again,” the source said. 

The source said the investigations are part of a multi-agency task force, including the MACC, Customs Department, Immigration, and Bank Negara.

It was understood that the arrest was carried out under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.

Investigations also focus on the possible involvement of individuals from government agencies under the Human Resources Ministry in facilitating the alleged offences.

It is believed that the money allegedly laundered overseas was converted to gold and brought back into the country. – July 26, 2023

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