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KUALA LUMPUR (Aug 1): The ex-chief executive officer (CEO) of Felda Investment Corp (FIC) who was detained yesterday to assist the Malaysian Anti-Corruption Commission (MACC) in the investigation into the case of a hotel purchase in London has been remanded for another four days, Bernama reported today.
The remand order until Aug 4 was issued by magistrate Nik Isfahanie Tasnim Wan Ab Rahman after the anti-graft body applied for the order from the court here, today, Bernama reported.
The case is being investigated under Section 15 of the MACC Act 2009.
Bernama reported that the 46-year-old man was wearing MACC lock-up attire, handcuffed and on a wheelchair when he arrived at the court accompanied by MACC personnel at 9.20am.
The court was told that he had a slipped disc and suffering from muscle spasms that required medical attention.
Last week, the MACC arrested two real estate executives over the London hotel deal by FIC.
The hotel was allegedly purchased at a higher price which saw the FIC losing millions of ringgit.
FIC had purchased the hotel for £60 million (RM330 million).
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