‘Tan Sri’ nabbed over suspected RM10 million scam

 

Police said the man had initially demanded RM25 million from his victims, claiming he could help them through his close ties with the police.

KUALA LUMPUR: 

Police have arrested a businessman with a ‘Tan Sri’ title for allegedly scamming the public out of RM10 million under the pretence of handing the money over to the police to resolve money laundering cases.

According to a police source, the 59-year-old was apprehended by Bukit Aman’s anti-money laundering team when he arrived home at Jalan U-Thant this evening from a trip to Osaka, Japan.

“To date, the suspect has collected about RM10 million from his victims. Initially, he had demanded RM25 million, claiming he had close ties with the police and could help resolve their cases.

“He further asserted that the money collected would be handed over to the police to prevent the victims from facing any legal action or investigations under the anti-money laundering law,” the source told Bernama.

“The suspect, who has 30 years of experience in the oil and gas industry and serves as the chairman of a company, will be brought to court tomorrow for a remand order,” the source added.

When contacted, Inspector-General of Police Razarudin Husain confirmed the arrest. He said a press conference would be held soon regarding the case. - FMT