KUALA LUMPUR: Police have arrested five individuals linked fo a Sarawak-based broadcasting company over allegations of money laundering.
Police have frozen and seized bank accounts, assets and vehicles worth over RM17.43 million to date.
The arrests followed raids by Bukit Aman's Anti-Money Laundering (AMLA) Division in Kuala Lumpur, Sarawak and Penang.
It was learnt that among the offences being investigated included money laundering through suspicious financial transactions, criminal breach of trust offences by company directors and cheating on tenders and awarding tenders to family members.
Inspector-General of Police Tan Sri Razarudin Husain told the New Straits Times that the operation followed intelligence and information received in October last year over the suspicious transactions involving several bank accounts between 2017 and September 2024.
"Based on this information the AMLA division's Asset Tracking and Analysis Unit conducted further investigations and found alleged offences under Section 4(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001
"A series of raids were conducted today in Sarawak, Kuala Lumpur and Penang where five individuals were arrested."