FIC case: Remand extended on two senior management officials
The suspects were held under remand to assist in the investigation on the purchase of the hotel by FIC, allegedly at above market price,between 2013 and 2015. - Bernama filepic
The remand order on two senior management officials from two separate companies regarding the purchase of a four-star hotel in Kensingston, London by Felda Investment Corporation (FIC), has been extended by another four days.
Magistrate Nik Isfahanie Tasnim Wan Ab Rahman allowed the remand extension on the suspects following an application by the Malaysian Anti-Corruption Commission (MACC). The extension if from tomorrow till July 31.
The two men, aged 36 and 45, a property unit head of a postal service company and a director of an asset consultation company, were held under remand for six days beginning on July 22.
The suspects were held under remand to assist in the investigation on the purchase of the hotel by FIC, allegedly at above market price,between 2013 and 2015.
They were detained at the MACC headquarters here at 1pm, on July 21, after giving their statements on the real estate purchase.
-- BERNAMA
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