SHAH ALAM: Five individuals who allegedly cheated the Sabah government by avoiding paying royalties from the sale of gold, have been remanded by the Malaysian Anti-Corruption Commission (MACC).
Magistrate Shasha Damia Sabtu granted the commission a four-day remand on the individuals, aged between 30 and 50, beginning today.
MACC sources said that all five suspects, the company director, account manager, as well as goldsmiths, were arrested at 5pm yesterday when they came to the MACC office to have their statements recorded.
The source said the individuals were suspected of buying gold weighing hundreds of kilogrammes with an estimated value of millions of ringgit, and had submitted gold sale and purchase statements containing false details to avoid paying royalties to the Sabah government.
MACC senior investigation director Datuk Seri Hishamuddin Hashim confirmed the arrests and said the case was being investigated under Section 420 of the Penal Code.