Businessman said to be Guan Eng’s proxy nabbed by MACC
(Feedly.com) – A businessman with the Datuk Seri title has been hauled up by the Malaysian Anti-Corruption Commission (MACC) in connection to a probe on his alleged links to money laundering and Macau scams.
Graft-busters grilled the prominent businessman, who used to hold a top post in a business association, practically the whole day and he was only released close to midnight.
Sources said the team, comprising the MACC and the Inland Revenue Board, had also raided the businessman’s office on Monday and again yesterday.
It is reliably learnt that the probe focused on his business dealings with MBI Group International dating back to 2009.
Besides questioning staff at the office, MACC investigators also carted away boxes of documents.
The Datuk Seri is said to be involved in the development of a mega-project in Penang island.
Sources said the authorities already identified 20 businessmen in Penang to be picked up for questioning soon.
Meanwhile, on Monday, the same team also questioned a prominent developer with a Datuk title at his office.
Sources said the interrogation lasted the whole day, and MACC officers seized the company’s computer server and documents.
On Feb 4, it was reported that the Johor police were hot on the heels of Malaysian businessman and MBI founder Tedy Teow, who was believed to have fled the country.
Johor police chief Datuk Ayob Khan Mydin Pitchay had said then that the 55-year-old Teow was believed to be in hiding in Danok, Thailand.
On Jan 3, it was reported that police had smashed a syndicate involved in a Macau scam linked to Teow, and that it was believed to have used its ill-gotten gains to purchase properties and invest in cryptocurrencies totalling more than RM336mil.
At least 12 suspects, comprising nine men and three women, including several company directors were arrested in a series of raids in Penang and Kuala Lumpur last month.