Company owner remanded in 1MDB probe released on bail, AsiaOne Malaysia News

Two Datuks, an executive director and a business owner.

A Malaysian Anti-Corruption Commission (MACC) spokesman said the commission had decided not to extend the remand order as it had already taken the individual’s statement.

He was brought to a magistrate’s court here yesterday morning.

He was not represented while prosecutor Ahmad Sazilee Abdul Khairi appeared for MACC.

He is being investigated under Section 16(a) of the MACC Act, which covers bribery.

Rosman was detained on Friday night to facilitate investigations into the controversy surrounding the state-owned company.

On Saturday, a 54-year-old company managing director with the title of “Datuk” was released on MACC bail of RM100,000, with RM20,000 deposited in cash and RM80,000 in oral undertaking by two sureties. They were nabbed on Tuesday and Wednesday.

A despatch rider who was remanded on Sunday is still under MACC custody.

It is understood that the MACC had applied for a seven-day remand but was granted four.

The 1MDB special taskforce is now investigating an alleged US$700 million (RM2.6 billion) money trail involving several companies that purportedly channelled the funds to what is believed to be Prime Minister Datuk Seri Najib Razak’s bank accounts.

The duty of the special task force is to probe the financial affairs of the debt-ridden 1MDB.