![[UPDATED]: MACC seizes properties worth over RM620mil in Op Fibre probe](/_next/image?url=https%3A%2F%2Fassets.nst.com.my%2Fimages%2Farticles%2F74089320_1752147628.jpg&w=3840&q=100)
[UPDATED]: MACC seizes properties worth over RM620mil in Op Fibre probe
The probe involves the approval of loan financing by banking institutions to a company involved in a fibre network development project in 2012, valued at approximately RM400 million.
According to sources, the Malaysian Anti-Corruption Commission (MACC) has also recorded statements from nine witnesses to assist in the investigation.
"The seized properties include bungalows, condominiums, office premises, land lots, and a golf club located in the Klang Valley, estimated at around RM620 million," a source said, adding that four luxury vehicles worth about RM2 million have also been seized.
"The suspect is also believed to be a shareholder in the golf club," the source added.
The source also revealed that to date, the MACC has frozen 72 accounts, comprising personal and company accounts, involving approximately RM390,000.
On June 30, the MACC remanded a company director with the title Datuk Wira, suspected of being involved in money laundering activities amounting to about RM75 million.
Meanwhile, MACC Special Operations Division senior director, Datuk Mohamad Zamri Zainul Abidin, when contacted, confirmed the information received and said that a Notice of Asset Declaration under Section 36(1) of the MACC Act 2009 would be served to the suspect and 23 other individuals starting July 10.
Bernama reported on July 3 that the MACC obtained an order to remand a company director with the title "Datuk" for investigation into alleged involvement in money laundering activities amounting to about RM75 million involving a fibre network development project.
The four-day remand order until July 6 against the suspect, in his 50s, was issued by Magistrate Irza Zulaikha Rohanuddin at the Putrajaya Magistrate's Court.
According to an MACC source, the man is believed to have committed the offence in 2012 for approval of a loan financing amounting to RM400 million. Initial investigations found that RM75 million was channelled to a company owned by the suspect. He was arrested at about 4pm on June 2 at the MACC headquarters.
The arrest was a follow-up to Op Fibre conducted by the MACC Special Operations Division on June 30. They raided four different locations, including the suspect's residence and offices in Selangor and Kuala Lumpur.
Through the operation conducted, MACC froze 12 bank accounts, including personal and company accounts, with a total value of about RM400,000.
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