'Tan Sri' arrested in Ponzi-linked money laundering probe taken to office, home [WATCH]
BAYAN LEPAS: The 'Tan Sri' who was detained in Penang on suspicion of being involved in money laundering linked to a Ponzi investment scheme in a neighbouring country was brought to his office in Jalan Mahsuri, Bayan Baru, yesterday.
The 53-year-old suspect was escorted by police in a vehicle and was seen arriving at the premises of his office at 4.20pm.
It is understood that the suspect was brought to the office for the purpose of inspecting the premises and related documents.
The suspect, who was seen wearing an orange lock-up outfit, was later taken out of his office at 6.05pm.
He was also reportedly taken to his home in Gelugor, near here, for a similar purpose, including asset seizure.
Meanwhile, Federal Commercial Crime Investigation Department (CCID) acting director, Datuk Muhammed Hasbullah Ali confirmed that the suspect was taken to both his company and residence to assist in the investigation.
"The investigation is still ongoing and a press conference will be held later regarding this latest arrest and the progress of the Op Northern Star probe," he said when contacted.
It was reported that another individual with the title 'Tan Sri' was arrested by police on suspicion of being involved in money laundering linked to an investment scheme known as MBI.
