Properties, vehicles, bank accounts worth over RM6 mln seized from automobile cooperative in Kuching in anti-money laundering raid

Properties, vehicles, bank accounts worth over RM6 mln seized from automobile cooperative in Kuching in anti-money laundering raid

The Borneo Post - News·2019-09-20 12:38

KUCHING: Three suspects who headed a local automobile cooperative are under investigation for alleged abuse of funds under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act (AMLATFPUAA) 2001.

Commercial Crime Investigation Department (Money Laundering) senior assistant commissioner (SAC) Dato Khalil Azlan Chik revealed that the police had frozen and confiscated properties, vehicles and bank accounts totaling RM6,182,355.51 in its investigation codenamed Op Kokas.

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