1MDB: Another businessman remanded today

22 Jul 2015 / 14:39 H.

KUALA LUMPUR: A 54-year-old managing director of a company closely linked to 1MDB was today remanded for five days pending investigations into the alleged misappropriation of funds.
The man, a Datuk, was detained by the special task force investigating 1MDB at the Royal Bintang Hotel about 8.30pm on Tuesday. He was apparently attending a business meeting when anti-corruption officers showed up at the hotel in Mutiara Damansara.
He was detained for investigations for alleged kickbacks received from another company.
The man, the second to be nabbed by the task force was brought to the magistrate's court in Putrajaya about 8.30am
Malaysian Anti-Corruption Commission (MACC) deputy public prosecutor Ahmad Sazilee Abdul Khairi, who prosecuted said the man was being investigated under Section 17(a) of the MACC Act for allegedly accepting bribes.
He had earlier asked the magistrate for a seven day remand order.

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