KUCHING (Jan 11): A senior executive of a Sarawak broadcasting company, alongside a woman, were remanded by the Kuching Court today to facilitate investigations on suspected money laundering.
Magistrate Heng Yi Min ordered the two, aged 62 and 60, be remanded for two days starting Jan 11 to Jan 12.
This follows a remand application done by the police to facilitate investigations under Section 4(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001, Section 409 of the Penal Code, Section 420 of the Penal Code, Section 403 of the Penal Code, and Section 23 of the Malaysian Anti-Corruption Commission Act 2009.
Both suspects were represented by counsel Datuk Shankar Ram Asnani.
It was learnt both suspects will be brought to Kuala Lumpur for the investigations.
The arrest is part of a broader crackdown on a money laundering syndicate, as revealed by Inspector-General of Police Tan …