MACC chief commissioner Azam Baki said the investigation so far shows the NGO received donations from various sources, some of which were meant to be channelled to the needy.

“However, the funds did not reach their intended beneficiaries. Instead, some individuals misappropriated the funds for personal gain, including the purchase of luxury assets,” he said.

Azam said the investigation is ongoing, with MACC expanding the scope of its probe while upholding transparency and accountability in line with principles of integrity and good governance.

The trio, who were detained yesterday, are on remand until Saturday, following an application by Selangor MACC before magistrate Ameera Mastura Khamis today.

The suspects, in their 50s and 60s, are believed to have colluded to commit the offences between 2018 and 2024. Two of the men are company directors.

A source from MACC yesterday said the deputy chairman of the NGO had allegedly transferred the RM230 million into his company’s bank accounts for personal and investment purposes.

MACC also seized 18 luxury vehicles, including Porsches and a Mercedes-Benz, as well as properties worth RM11 million. Also seized were various other assets, including luxury watches and cash.

MACC has also frozen 33 bank accounts holding a total of RM120 million.

Earlier today, Pertubuhan Ikram Malaysia (Ikram) said it suspended three members nabbed by MACC in connection with the case.

Ikram president Badlishah Sham Baharin said the organisation took a serious view of the matter and would cooperate with MACC in its probe.

Badlishah also stressed that the matter involved individual acts and did not directly involve Ikram, a faith-based organisation engaged in Islamic outreach, education, and welfare programmes.