Adam Rosly’s RM1.2 million bungalow seized

adam-roslyPETALING JAYA: The Malaysian Anti-Corruption Commission (MACC) has confiscated the bungalow of PKR  Ampang Youth head Adam Rosly which he bought for RM1.2 million.

The move today is expected to be followed by the 28-year old being charged in court tomorrow following investigations into his “extraordinary wealth”

According to a MACC source, he is expected to be charged under Sections 32 (8)(c) and 89 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act, 2001, for falsification, concealment and destruction of information and documents.

On April 18, he had his remand order extended by four days until April 22 to facilitate investigations into allegations of his “extraordinary wealth”.

Adam, who carries a “Datuk” title, was investigated under Section 14 (1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act, 2001.

Adam was arrested at the MACC headquarters here on April 13 when he showed up to give a statement in connection with the investigation. He was then remanded for five days.

His apparent wealth came under the spotlight after media reports emerged on his alleged possession of bungalows worth millions of ringgit and several luxury cars.

On Nov 17 last year, Umno Youth executive councillor Armand Azha Abu Hanifah alleged that Adam attained his wealth because he was an intermediary for PKR’s Ampang MP Zuraida Kamaruddin and the Selangor government in getting projects in the state.

Armand claimed to have been informed that Adam was a “playmaker” who was allegedly paid commissions in his handling of sand-mining projects in Selangor.

On April 16, Zuraida reportedly said she was made to understand by Adam’s lawyer that the MACC had no proof to support the allegation and that they needed more time for the investigation.