153 Accounts Linked To GISBH Worth Over RM800,000 Frozen – IGP

KUALA LUMPUR, To date, a total of 153 accounts linked to GISB Holdings Sdn Bhd (GISBH) worth RM882,795.94 have been frozen, said Inspector-General of Police Tan Sri Razarudin Husain.

He said 38 vehicles, estimated to be worth RM3.94 million, and 14 plots of land, the value of which is still under investigation, were also seized.

The freezing of the accounts was carried out under Section 44(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act, while the seizures were made under Section 45(2) of the same act.

“A total of 26 animals, consisting of nine horses, 14 rabbits, and three peacocks, as well as cash amounting to RM18,650 and two watches valued at RM600, were also confiscated,” he told a press conference at the Police Training Centre (PULAPOL) here today.

Meanwhile, Razarudin denied claims that the police had neglected the seized animals, explaining that the Department of Veterinary Services and local authorities had collaborated to examine and care for th
e animals.

Source: BERNAMA News Agency

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