The Sun (Malaysia)

98 bank accounts with RM209m frozen so far

-

held by a relative of the suspect.

Mohd Roslan said two other premises, one in Kulim and another in Sungai Dua, Butterwort­h, were also raided during the 6.30am operation on Monday.

He said officers seized RM280,000 cash from the Butterwort­h premises as well as RM187,612 cash and a total of RM218,000 in assorted currency at the Kulim premises.

“Also seized were three luxury vehicles – a Jaguar worth RM350,000, a Range Rover worth RM900,000 and a Toyota Vellfire worth RM300,000,” he told a press conference yesterday.

With the latest action, a total of 98 bank accounts with RM209 million have been frozen, in relation to the case.

The holders of the 98 accounts, comprising 49 corporate and 49 individual accounts, will be called up for questionin­g, Mohd Roslan said.

The company had been flagged by Bank Negara Malaysia (BNM) for allegedly operating a dubious financial scheme.

MBI Internatio­nal grabbed the headlines when authoritie­s raided its offices in Penang and the Klang Valley on May 29.

Subsequent­ly on May 31, authoritie­s froze 91 accounts with a total of RM177 million.

Mohd Roslan added investigat­ions were ongoing to determine if there were elements of money-laundering or terrorism financing.

He also urged investors who have lost money in the scheme to lodge reports with the authoritie­s.

Meanwhile in PUTRAJAYA, Domestic Trade, Cooperativ­es and Consumeris­m Minister Datuk Seri Hamzah Zainuddin said the ministry has received letters from MBI Group offering explanatio­n on the matter.

He said investigat­ions must neverthele­ss be carried out by a multiagenc­y team based on reports received, adding that action taken by the team, led by his ministry, would serve the best interests of both investors and MBI.

 ??  ?? Mohd Roslan (second from right) and his officers checking the cars that were seized.
Mohd Roslan (second from right) and his officers checking the cars that were seized.

Newspapers in English

Newspapers from Malaysia