Two more arrested over i-Serve investment

  • 📰 staronline
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 75%

Business News News

Business Business Latest News,Business Business Headlines

JOHOR BARU: Traders here are continuing to enjoy brisk business, with loads of Singaporeans crossing over to take advantage of their strong currency.

KUALA LUMPUR: Police have arrested two more individuals to help in the investigation of a money laundering case involving i-Serve investment company believed to be linked to the co-founder of a low-cost airline.He said the first suspect, a man, was arrested at the Immigration Department office at Kuala Lumpur International Airport 2 , at about 3am while the second suspect, a woman, was arrested at a condominium in Sentul at 4.15am on Monday .

Ramli said following the arrest of the first suspect, the police raided a condominium in Sentul and arrested the woman involved. In addition, he said the police also confiscated a Mercedes Benz, two mobile phones and two passports.On Oct 17, the police arrested a co-founder and shareholder of an airline with the title 'Datuk' as well as his wife and son to assist in the investigation of a case under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines