MACC detains three businessmen, 20 money changers over alleged laundering

Former minister to be summoned by anti-graft body for questioning, says source

1:47 PM MYT

 

KUALA LUMPUR – Three businessmen and 20 money changers have been arrested by the Malaysian Anti-Corruption Agency (MACC) on suspicion of money laundering.

A source said the arrest was carried out under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.

It was learned that the money changers and a goldsmith detained were based in Lebuh Ampang.

The source told Scoop that a former minister will be summoned by the MACC for questioning.

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

An insider confirmed the arrest, as the businessmen were detained yesterday.

“They were picked up by a multi-agency financial task force.”

It is understood that the money allegedly laundered overseas was converted to gold and brought back into the country. – July 25, 2023

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