Two senior management staff of two companies are remanded for six days from today to facilitate investigations into the purchase of a four-star hotel in Kingston, London by Felda Investment Corporation (FIC).
Magistrate Nik Isfahanie Tasnim Wan Ab Rahman allowed both men to be remanded after hearing an application from the Malaysian Anti-Corruption Commission (MACC).
The two men, aged 36 and 45, the property unit head of a postal service company and director of an asset consulting company respectively are suspected of being involved in the price and property evaluation of the hotel concerned.
They were arrested at the MACC office here at about 1 pm yesterday after they gave statements on the purchase of the property between 2013 and 2015.
Earlier both men, who wore orange lock-up attire, arrived at the court compound at 9.40 am accompanied by MACC officers.
-- BERNAMA
Bernama
Sat Jul 22 2017
They were arrested at the MACC office here at about 1 pm yesterday after they gave statements on the purchase of the property between 2013 and 2015.
Anwar: Sapura Energy's rescue plan excludes former shareholders
Prime Minister Datuk Seri Anwar Ibrahim said Sapura Energy Bhd's (SEB) former major shareholders are no longer involved in the company's management as part of its restructuring efforts.
Intel names Lip-Bu Tan as new CEO
Intel Corporation (INTC.O) has appointed semiconductor Malaysian-born industry veteran and former board member Lip-Bu Tan as its new CEO.
Ismail Sabri at MACC HQ to give statement
Former Prime Minister Datuk Seri Ismail Sabri Yaakob was at the Malaysian Anti-Corruption Commission (MACC) headquarters here today to give his statement
Duterte could face up to 30 years or life imprisonment if convicted by ICC - Malacanang
Former Philippines President Rodrigo Duterte could face up to 30 years or life imprisonment if convicted of crimes against humanity by the International Criminal Court (ICC)
Clarification on the investment in Sapura Energy by MDH
Permodalan Nasional Berhad (PNB) as the existing significant shareholder of SEB.
Floods recede in Beaufort, but residents remain wary of downstream water flow
While floods in Beaufort are receding, residents remain on alert for downstream water flow that could bring floodwaters from inland areas.
Govt to ensure establishment of SEGiM aligns with introduction of Gig Workers Bill
The government intends to ensure that the establishment of the Malaysian Gig Economy Commission (SEGiM) is in line with the introduction of the Gig Workers Bill.
UK steel industry warns of damage as Trump tariffs come into force
US President Donald Trump's tariffs on UK steel "couldn't come at a worse time," the industry has warned as the levy on US imports is introduced, reported PA Media/dpa news.
Penang allocates RM49.45 million for Phase 1 of i-Sejahtera Programme
The Penang government has allocated RM49.45 million for 274,151 recipients under Phase 1 of the i-Sejahtera Programme this year.
PM Anwar calls on all parties to be agents of unity, help unite people of different races
Prime Minister Datuk Seri Anwar Ibrahim has called on all Malaysians to join hands to become agents of unity and assist the MADANI Government in its efforts to unite all Malaysians
Women representation in senior management fall to 36.2 pct in 2025
The Grant Thornton Women in Business Report reveals a concerning decline in the representation of women in senior management positions in Malaysia.
Singapore Airlines prohibits usage, charging of power banks from April 1
Singapore Airlines (SIA) passengers will not be allowed to use power banks or charge them throughout their flight effective April 1.
Captain of cargo ship arrested over fatal collision in North Sea
The cargo ship captain involved in the North Sea's deadly collision has been arrested on suspicion of gross negligence manslaughter.
No plans to follow us in repatriating illegal immigrants - KDN
For the period up to March 9 this year, the total number of deportations from Immigration depots was 9,199 people.
Air pollution responsible for nearly 7 million deaths annually worldwide
A report by the World Air Quality Index indicated that only 17 per cent of cities worldwide meet the recommended air quality standards.
At least 137 Gazans killed in Israeli attacks since ceasefire
According to the Euro-Mediterranean Human Rights Monitor , Israel has been killing an average of seven Palestinians every two days.
Malaysia strengthens semiconductor supply chain with ASEAN member countries - Liew
Malaysia does not intend to compete with neighbouring countries or other ASEAN member states in its efforts to strengthen supply chains.
Six men arrested for alleged misappropriation of subsidised cooking oil in Semenyih
Six men, including five foreigners in their 30s, were arrested for alleged misappropriation of subsidised cooking oil.
Hamas says new round of Gaza ceasefire talks has begun
expressing optimism that the talks could lead to "tangible progress"
Ukraine says ready to accept 30-day ceasefire with Russia
Ukraine conveyed its readiness to accept a 30-day ceasefire with Russia, as delegations from Kyiv and Washington met in Saudi Arabia.