PETALING JAYA: Police have arrested five people linked to a syndicate responsible for the RM24.2 million that went missing from several savings accounts in a Sabah bank.
Bukit Aman commercial crime investigation department director Ramli Yoosuf said three more people had been detained following the arrest of a bank officer and the alleged mastermind earlier.
“We are conducting further investigations,” he was quoted as saying in a Kosmo report.
Ramli said police had received four reports in Petaling Jaya in early June concerning the losses totalling RM24.2 million.
SPONSORED CONTENT Hajiji says positive economic achievements prove Sabah govt’s commitment Kota Kinabalu: Chief Minister, Datuk Seri Hajiji Noor, emphasised that the positive economic achievements over the past three years underscore the Sabah government’s steadfast commitment to both the administration and development of the state. Read more He said the complainants, who comprised account holders and bank staff, reported that multiple suspicious cash withdrawals had been made in Kota Kinabalu involving several savings accounts with the bank.
The investigation is being carried out under Section 420 of the Penal Code, which carries a jail term of up to 10 years, with whipping and a fine, upon conviction.
* Follow us on Instagram and join our Telegram and/or WhatsApp channel(s) for the latest news you don't want to miss.
* Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available.