Korean among three nabbed for allegedly submitting false documents to obtain RM23.2mil loan
PUTRAJAYA: A Korean national was among three individuals arrested over suspicion of submitting false documents to obtain a loan of £4.2mil (RM23.2mil) from an international company operating in the country.
The Korean and two others were arrested between 5pm and before midnight on Tuesday (March 29) at the Malaysian Anti-Corruption Commission (MACC) headquarters.
The suspects who are in their 30s and 40s were brought to the Magistrate's Court for graft investigators to apply for remand.
Magistrate Shah Wira Abdul Halim allowed for the Korea national and another suspect to be remanded for three days until April 1.
The other suspect will be in remand for five days until April 3.
Sources said the Korean is a general manager in an international firm and was believed to be in cohort with the two suspects.
"They took up the loan believed to be for the purchase of 24 pre-owned vehicles back in 2015," said the source.
MACC senior investigations director Datuk Hishamuddin Hashim confirmed the arrest.
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