By DayakDaily Team
KUCHING, Jan 12: Sarawak Media Group (SMG)/TVS has clarified that the recent arrest of a senior executive in relation to a nationwide money laundering case has nothing to do with the company’s operations.
In a statement issued last night, SMG/TVS said: “While we understand the concerns expressed by various parties, we wish to clarify that this matter is on a personal level and unrelated to SMG/TVS as a whole.
“Our business operations will continue as usual and we encourage inquiries or requests for clarification on this matter to be directed through our official communication channels to ensure accurate and reliable information.”
It added, “We wish to also emphasize that the dissemination of any false information or baseless allegations may cause unwarranted harm to our reputation, and any such actions will not be taken lightly, and we reserve all our rights to protect our reputation and take any necessary action in this respect.”
On Friday, five individuals including a senior executive from a local TV station were arrested in a special operation dubbed ‘Ops Ragada’ conducted by Inspector-General of Police (IGP) secretariat’s Anti-Money Laundering (Amla) division.
According to IGP Tan Sri Razarudin Husain, four men and a woman aged between 25 and 61 were detained in connection with the ongoing investigation of suspicious financial transactions between 2017 and September 2024.
News reports also stated that the modus operandi involved criminal money laundering activities through suspicious financial transactions and offences such as criminal breach of trust, tender fraud, and awarding tenders to oneself or family members.
The case is being investigated under Section 4(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001, Section 409 of the Penal Code, Section 420 of the Penal Code, Section 403 of the Penal Code, and Section 23 of the Malaysian Anti-Corruption Commission Act 2009. — DayakDaily
