KUALA LUMPUR – Police have arrested five individuals, including a senior executive from a local broadcasting company, on suspicion of involvement in money laundering under Operation Ragada today.
Inspector-General of Police Tan Sri Razarudin Husain confirmed that the group, comprising four men and one woman aged between 20 and 60, was detained at several locations, including Penang and Sarawak.
Razarudin explained that the arrests were made by the Anti-Money Laundering Investigation Team (AMLA) from Bukit Aman, following the receipt of financial intelligence through Suspicious Transaction Reports (STR) regarding questionable transactions linked to multiple bank accounts between 2017 and September 2024.
“In the raids, the police also seized, froze, and confiscated assets such as vehicles, bank accounts, and documents, with a total value amounting to RM17,434,217,” he said.
He added that the suspects’ modus operandi involved engaging in money laundering activities through suspicious financial transactions, along with offences such as criminal breach of trust, tender fraud, and awarding contracts to themselves or family members.
According to the Borneo post, the top executive of TV Sarawak (TVS) was among those arrested by police earlier this afternoon at TVS headquarters here.
At 2.15pm, police officers escorted the executive to his office at the TVS headquarters to conduct a search, which concluded at 3.15pm. – January 10, 2025