Adam Rosly remanded for five days

14 Apr 2017 / 18:43 H.

PUTRAJAYA: The Magistrate's court has granted a five day remand order for Ampang PKR Youth chief Datuk Adam Rosly as the Malaysian Anti-Corruption Commission (MACC) commences investigations into his "unusual wealth".
The 29-year-old Adam will be under the custody of the MACC until April 18 after Magistrate Nik Isfahanie Tasnim Wan Ab Rahman approved the request by the commission on Friday.
The politician was summoned to the MACC headquarters here for questioning at about 2.30pm yesterday before being detained an hour later.
Authorities confirmed that he was being detained under laws of the Anti-Money Laundering Act 2001.
Adam was probed by the commission in November last year after Red Shirts protest group leader Datuk Seri Jamal Md Yunos invited journalists to view his house in Ampang, questioning the financial status of the young politician in acquiring the luxurious property.
Jamal had claimed the house was valued at RM7 million although Adam said he had paid only RM1 million, adding he had made his money through businesses and family inheritance.
Adam claimed that he had purchased the house in an auction after it was abandoned by its previous owner.
He had only moved into the house two months earlier before Jamal's allegations.
Ampang Umno chief Datuk Ismail Kijo lodged a report with the MACC soon after urging the commission to investigate Adam's wealth and source of income.
Later, it was also revealed that Adam owned another double-story bungalow in a gated-community in Putrajaya and several luxury cars.

sentifi.com

thesundaily_my Sentifi Top 10 talked about stocks