MACC detains three over FIC's Kuching hotel purchase (Video)

KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) detained three individuals to facilitate investigations into a hotel purchase by the Felda Investment Corporation (FIC) in 2014 in Kuching, Sarawak.
According to sources, two suspects were directors of a company which was appointed as an agent to manage the purchase of the hotel.
"The duo, aged 47 and 51, were nabbed subsequently after giving their statement at the MACC headquarters in Putrajaya at 9am today.
"Meanwhile, the remaining suspect, a 57-year-old, was nabbed at the Kuching MACC office around 1.30pm today. The suspect is believed to be the director of a company that owns the hotel," sources said.
Preliminary investigation revealed that the director who was nabbed in Kuching appointed agents to manage the purchase of the hotel.
MACC investigation department director, Datuk Simi Abd Ghani when contacted confirmed the matter.
"The two directors for the companies who acted as agents were remanded until Aug 4 at Putrajaya Court today to facilitate the probe," he said adding that the remaining suspect is expected to be remanded tomorrow morning at the same court.
On Friday, MACC investigators had gone to six locations in Kuala Lumpur and Kuching, Sarawak to begin investigations into a hotel purchase by the FIC in 2014.
The latest investigations were taking place on the back of its investigations into FIC's purchase of a hotel in London prior to this.
MACC chief commissioner Datuk Dzulkifli Ahmad had ordered an investigation to be carried out on the purchase of the hotel which was bought by FIC for a price way above the market value.
Earlier this month the MACC opened its investigations into the aforementioned London hotel which the FIC had acquired for RM334 million in 2014, it was overpaid by 35%.
It was reported that the price paid for the hotel was too high and had caused FIC to incur huge losses.