More arrests link to 1MDB expected, says IGP
MUHAMMAD AFHAM RAMLI13 Jul 2023 04:29pm
Razarudin
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KUALA LUMPUR - Cops do not rule out the possibility of arresting more individuals linked to the investigation of the 1Malaysia Development Berhad (1MDB) scandal.
Police top cop Tan Sri Razarudin Husain said the police have never stop the investigation.
"Previously, former lawyer of 1MDB, Jasmine Loo Ai Swan was detained at the Dang Wangi District Police Headquarters (IPD) after appearing with her lawyer on July 7th," he said during a press conference at Bukit Aman today.
"So, it is not impossible for other individuals to be detained as well," he added.
Razarudin said Loo, 49, was remanded for investigation under Section 409 of the Penal Code.
He said the police are still investigating and will collaborate with any relevant agencies, including the Malaysian Anti-Corruption Commission (MACC).
"We will also check with the Securities Commission if Loo is wanted," he said.
On Wednesday, Sinar Harian reported that Loo, who is also a close associate of the fugitive businessman Jho Low was arrested by the police last Friday to assist in the investigation of the misappropriation of funds related to the company.
Loo is said to be among the close associates of Jho Low who were involved in the 1MDB financial scandal and listed as a wanted person.
On December 4, 2018, the Magistrate's Court issued arrest warrant for Jho Low, Loo, former 1MDB officer Geh Choh Heng, and Jho Low's close associate Eric Tan Kim Loong.
The arrest warrants were issued after they failed to appear in court to face seven charges link to money laundering involving 1MDB.
In January, the Kuala Lumpur High Court granted the prosecution's application to seize two vehicles and RM22,600 in cash from Loo. The two vehicles, an Audi and a Volkswagen New Beetle were seized on January 27, 2021, while the funds in her Maybank Islamic current account were seized on February 2, 2021.
