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SMG: Executive’s arrest not linked to TV station’s operations

SMG denies any link to its operations following a senior executive’s money laundering arrest

Sarawak Media Group (SMG) has distanced itself from the arrest of a senior executive linked to a nationwide money laundering probe.

In a statement issued last night, SMG clarified that the case is a personal matter and unrelated to the company’s operations.

“Our business runs as usual,” it said, urging the public to seek clarification only through official channels to avoid misinformation.

SMG also warned that spreading false claims could harm its reputation, vowing to take legal action if necessary.

This comes after police nabbed five people, including a senior executive of a local TV station, during a money laundering crackdown called Ops Ragada on Friday.

According to Inspector-General of Police Tan Sri Razarudin Husain, the suspects, aged between 25 and 61, are being investigated for suspicious financial dealings from 2017 to 2024.

Reports revealed the syndicate laundered money through fake transactions, breach of trust, and awarding tenders to family members.

The case is being investigated under various laws, including the Anti-Money Laundering Act, Penal Code, and MACC Act 2009. – Jan 12, 2025.

Senior executive among five arrested in Sarawak money laundering case

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