MACC freezes bank accounts, seizes luxury cars in Penang undersea tunnel case

The four luxury vehicles seized included a Toyota Vellfire, a Mercedes Benz, a Land Rover, and a Hyundai Starex. — Picture courtesy of MACC
The four luxury vehicles seized included a Toyota Vellfire, a Mercedes Benz, a Land Rover, and a Hyundai Starex. — Picture courtesy of MACC

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KUALA LUMPUR, Feb 28 — The Malaysian Anti-Corruption Commission (MACC) froze today four company bank accounts containing RM3.6 million and confiscated four luxury vehicles and an RM2.5 million house in its investigation into the Penang undersea tunnel project.

The MACC said the bank accounts belonged to a businessman with a “Datuk Seri” title, who was arrested yesterday on suspicion of receiving RM19 million from the main construction company behind the RM6.3 billion project to help stop investigations.

In 2016, the businessman was allegedly involved in a scam where over 200 investors were duped into depositing approximately RM2.2 million into the bank account of an association.

The suspect, together with a forex investment company, allegedly promised the investors, who were mostly students and pensioners, handsome returns.

Several police reports were lodged against him by some of the victims who came forward.

During the raid today, a television worth RM167,900 was also taken by authorities.

The four luxury vehicles seized included a Toyota Vellfire, a Mercedes Benz, a Land Rover, and a Hyundai Starex.

The million-ringgit house that was believed to have been confiscated was located in Petaling Jaya, Selangor.

MACC investigations department senior director Datuk Simi Abd Ghani confirmed the asset seizures and said investigators were still collecting evidence.

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