KUALA LUMPUR: Police are expected to request a remand extension for a senior executive of a television station in Sarawak and three others connected to a money laundering investigation.
Inspector-General of Police Tan Sri Razarudin Husain said they would determine if the existing investigation is sufficient and complete.
"We might request to extend the remand, but we must assess the investigation's needs first. I want the investigation to be fair.
"If the investigation is sufficient, we do not need to extend the remand," he said after attending a ceremony honouring police officers and personnel who excelled in serving the public on Tuesday (Jan 14).
Previously, it was reported that the remand for four individuals, including a 61-year-old senior executive from a Sarawak television station, was extended for three more days until Wednesday (Jan 15).
Razarudin said the suspects, the senior executive and his family members aged between 20 and 60, are being investigated by the IGP secretariat’s Anti-Money Laundering (AMLA) division.
"We are investigating further to track suspicious money flow transactions," he said.
The senior executive was among five individuals detained in connection with a money laundering and criminal breach of trust investigation.
The suspects were detained in a special operation conducted by the Inspector-General of Police secretariat’s Amla division, codenamed "Ops Ragada," last Friday.
Razarudin said division officers detained four men and a woman aged between 25 and 61 in connection with the ongoing investigation.
"We are investigating under Section 4(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act (AMLATFPUAA) 2001," he said.
The IGP said the investigation and subsequent arrests were possible through intelligence gathering conducted by the division.
"The investigation discovered suspicious financial transactions between 2017 and last year.
"We believe the suspects were involved in money laundering, criminal breach of trust, and illegally awarding tenders for projects.
"We also seized several items, including documents, vehicles, and bank accounts worth RM17.4mil," he said.
