Ideal Property Group denies link to MBI probe, files report over viral posts
In a post on its Facebook page today, Ideal Property Group strongly refuted the false and malicious claims, categorically denying the baseless and defamatory statements.
The company said it operates with strict adherence to the law and ethical business principles, and has built a reputation for technical excellence, successful project delivery, and rigorous regulatory compliance.
"Our organisation is committed to maintaining the highest levels of professional integrity and operational transparency.
"To counter this false and malicious disinformation campaign, Ideal Property Group has lodged reports with the Malaysian Communications and Multimedia Commission (MCMC) and the police, and will take immediate legal action to protect its reputation," the statement read.
Ideal Property Group said it continues to demonstrate strong operational performance.
"Our organisation maintains an unwavering focus on executing current projects and fulfilling all obligations to stakeholders with excellence," it added.
It was recently reported that federal police had arrested five individuals, including an entrepreneur with a "Tan Sri" title and a man with a "Datuk Seri" title, in connection with investigations into Mobility Beyond Imagination (MBI).
Police also froze 299 bank accounts worth RM123.61 million and seized 12 luxury vehicles, a luxury watch, five phones, one computer, and several documents.
The seizures included three durian orchards in Raub, Penang, and Kedah worth approximately RM223.62 million.
Police also seized a palm oil processing plant in Kedah, as well as a hotel and a property development company in Penang.
The seizures were part of the second phase of operations conducted between April 18 and April 21.
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