KUALA LUMPUR, September 23 2026, Police have arrested two directors of Mandiri Development Centre Sdn Bhd to assist investigations into suspected money laundering involving funds believed to be proceeds from unlawful activities.
Inspector-General of Police Tan Sri Mohd Khalid Ismail said the two men were arrested at 3.53 pm yesterday by the Anti-Money Laundering Criminal Investigation Team from the Inspector-General of Police’s Secretariat at Bukit Aman.
He said they are being investigated under Section 4(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (Act 613).
Mohd Khalid said the investigation paper was opened on Sept 10 following a police report lodged after a review of funds received by the company between 2024 and 2026, which were suspected to be proceeds from unlawful activities.
Police will investigate the holding, transfer and use of the funds, including their deposit into and withdrawal from accounts.
He said a comprehensive investigation would be conducted against all parties suspected of involvement, in accordance with the law.
Mohd Khalid also urged the public not to speculate or spread unverified information that could affect the ongoing investigation.
The two directors had been summoned by police yesterday to have their statements recorded before being arrested after the process concluded.
-BERNAMA
