MACC arrests 3 over FIC’s Kuching hotel purchase

felda-london-sprm-tiga-orang-malaysia-1PETALING JAYA: The Malaysian Anti-Corruption Commission (MACC) today arrested three individuals to help in investigations related to Felda Investment Corporation’s (FIC) purchase of a hotel in Kuching three years ago.

Two of them were directors of a company appointed as an agent to manage the sale.

The duo aged 47 and 51 were arrested at the MACC headquarters in Putrajaya at 9am when they presented themselves there to give statements in connection with the case.

Another person who was arrested at the MACC office in Kuching at 1.30pm today was a 57-year old company director who owned the hotel.

MACC Investigation Division Director Simi Abd Ghani confirmed the arrests, saying that the two directors of the firm acting as an agent had been remanded for seven days until Aug 4 to assist in investigations.

He said another suspect was expected to be remanded tomorrow.

Yesterday, MACC chief commissioner Dzulkifli Ahmad directed investigation papers to be opened on the purchase of the hotel, which was allegedly purchased at a higher-than-market price.

In a statement yesterday, the MACC said its investigating teams raided six locations in Kuala Lumpur and Kuching to gather information on the purchase in 2014, before seizing documents.

It said based on early information obtained in the case, FIC was believed to have bought the hotel at a price much higher than the original, causing it to suffer losses amounting to hundreds of millions of ringgit.

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