IPOH: A managing director of a real estate company who was remanded by the Malaysian Anti-Corruption Commission (MACC) on Tuesday, was released from remand yesterday.
Magistrate S. Punitha made the ruling after the defendant's lawyer filed a request at the magistrate's court here today.
A source the suspect was released on bail amounting to RM50,000 with two sureties and must report to the MACC office every month.
According to the source, the MACC arrested the suspect on Monday after he appeared to record a statement at the Perak MACC office.
He said the suspect was arrested on suspicion of having paid a bribe to a civil servant who worked in the land office in a state in the northern region to change the status of the Malay reserve land, resulting in the land covering an area of approximately 649.2 hectares, to be illegally transferred to non-Malay companies and individuals.
The suspect was then remanded for four days from Tuesday.
Meanwhile, MACC senior director (Investigations) Datuk Seri Hishamuddin Hashim when contacted, confirmed the matter.-- BERNAMA