Two Mandiri Development Centre directors arrested over suspected unlawful funds

KUALA LUMPUR: Two directors of Mandiri Development Centre Sdn Bhd have been detained to assist investigations into suspected receipt of proceeds from unlawful activities.

Inspector-General of Police Tan Sri Mohd Khalid Ismail said the two individuals were detained at about 3.53pm on Tuesday (Sept 22).

He said police opened an investigation paper under Section 4(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (Act 613) on Sept 10.

"The investigation was opened following a police report lodged based on a review of the company concerning the receipt of funds suspected to have originated from unlawful activities between 2024 and 2026," he said in a statement on Wednesday (Sept 23).