KUALA LUMPUR, Sept. 23 -- Police have opened an investigation into Mandiri Development Centre Sdn Bhd over funds suspected to be proceeds from unlawful activities received between 2024 and 2026.

The police said the Anti-Money Laundering Criminal Investigation Team at Bukit Aman initiated the probe on September 10 following a police report lodged after a review of the company, according to a press statement issued this morning.

"Police will continue to conduct a thorough investigation in accordance with the law against any party suspected of being linked to the case," Inspector-General of Police Tan Sri Mohd Khalid Ismail said.

He said the investigation covers the storage, transfer, use and movement of money suspected to be connected to...