The Malaysian Anti-Corruption Commission (MACC) in Selangor has released a deputy chairman of a non-governmental organisation (NGO) and a company director who were previously remanded to assist investigations into alleged misappropriation involving about RM230 million.
According to sources, both individuals were suspected of colluding to transfer the funds into a company account belonging to one of them, allegedly for investment purposes as well as personal use.
They were initially placed under remand, which was extended for five days on April 25, before being released upon the expiry of the detention period today.
Selangor MACC director Mohd Azwan Ramli confirmed the release, stating that both suspects were freed on MACC bail while investigations continue.
Previously, the duo had been held under remand for nine days as part of the probe, with authorities also freezing 33 bank accounts believed to contain approximately RM150 million linked to the case.
