Prominent banker shot dead

KUALA LUMPUR (July 29, 2013) : In the second high-profile shooting in three days, the founder of Arab-Malaysian Development Bank Berhad, Hussain Ahmad Najadi, 75, was shot dead by a gunman in Lorong Ceylon minutes after meeting an unidentified man to discuss a business venture.

The prominent banker was killed instantly while his wife, Chong Mei Kuen, 49, was seriously injured after being shot in the thigh and hand at the open car park outside a Chinese temple in the affluent area.

The Bahrain-born Hussain was chairman and CEO of the AIAK Group (Arab Investments for Asia Kuwait) based here.

Dang Wangi district police chief ACP Zainuddin Ahmad said Hussain, who was hit in his right rib cage and chest, could have been shot as a result of a business deal gone awry.

Police investigations revealed that the couple had met a man at 12.30pm near the temple to discuss the acquisition of shares in an unknown business.

As the couple walked towards their car, a man approached them, whipped out a pistol and fired several shots at them. Zainuddin said the gunman had two accomplices who fled the scene in a taxi.

Chong, who was warded at the Kuala Lumpur Hospital, is reported to be in stable condition.

Police urged those who have information on the assailants to contact the KL police hotline at 03-2115 9999.

Hussain, who was jailed for eight years in Bahrain over repayment of a loan, is persona non grata there.

Last Saturday, Malaysian Crime Watch Task Force (MyWatch) chairman R. Sri Sanjeevan was shot in a drive-by shooting in Bahau.