PUTRAJAYA: Two senior officials of two companies have been remanded for six days as part of an investigation into the pricey purchase of a four-star hotel in Kensington, London by Felda Investment Corporation (FIC).
Magistrate Nik Isfahanie Tasnim Wan Ab Rahman allowed both men to be remanded after hearing an application from the Malaysian Anti-Corruption Commission (MACC) here today.
The two men – a 36-year-old property unit head of a postal service company and a 45-year-old director of an asset consulting company – are suspected of having manipulated the price and property evaluation of the hotel.
They were arrested at the MACC office here at about 1pm yesterday after they gave statements on the purchase of the property, between 2013 and 2015.
Both men, who wore orange lock-up attire, arrived at the court compound at 9.40am accompanied by MACC officers. -- BERNAMA