RM38m cash, 200kg gold seized in raids involving 'Datuk' film distributor

The authorities have seized more than RM38 million in cash, over 200kg of gold worth more than RM60 million, and 17 luxury cars from a “Datuk” film distributor arrested for alleged money laundering earlier this week.

MACC chief commissioner Azam Baki confirmed the matter and said the case is being investigated under the MACC Act 2009, the Anti-Money Laundering, Anti-Terrorist Financing and Proceeds of Unlawful Activities Act (Amlatfpuaa) 2001, Income Tax Act 1967, and Customs Act 1967...