Company director remanded to help in 1MDB investigations bailed

Company director remanded to help in 1MDB investigations bailed
PHOTO: Reuters

PUTRAJAYA - The company director who was remanded to help in investigations into 1Malaysia Develop­ment Bhd (1MDB) has been released on bail.

The Malaysian Anti-Corruption Commission (MACC) did not seek an extension to the four-day remand order against the 39-year-old construction firm director.

Magistrate Nik Isfahanie Tasnim Wan Ab Rahman set bail at RM100,000 (S$42,200) and allowed his release with two guarantors.

Lawyer Tan Sri Muhammad Shafee Abdullah said his client's arrest had nothing to do with the alleged illegal transactions by 1MDB.

"As far we can see, my client's arrest has nothing to do with 1MDB. He stopped working with 1MDB months ago.

"However, we can only guess as the MACC would not inform us of the grounds of the arrest. Interestingly, the DPP said my client is not necessarily a suspect and could be a witness," Shafee told reporters outside the court yesterday.

The director was arrested on Monday at the KL International Airport as he was set to board a plane to Taiwan.

Shafee said his client was committed to help if summoned again.

"He was not trying to escape. When he was flying off to Taiwan, it was a routine business trip that would last two days.

"If he had been given notice to appear before the MACC in advance, of course he would have complied," said Shafee.

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