Putrajaya: The remand of a former chief executive officer (CEO) of a subsidiary of a federal statutory body has been extended by four days to assist investigations into alleged misappropriation, abuse of power, and corruption involving the appointment of a developer for a project in Kuala Lumpur.

According to BERNAMA News Agency, the remand order, which runs from tomorrow until September 13, was issued by Magistrate Ezrene Zakaria after the Malaysian Anti-Corruption Commission (MACC) made the application at the Putrajaya Magistrate's Court this morning. A source indicated that the application was made following the conclusion of the suspect's initial three-day remand period.

MACC Chief Commissioner Datuk Seri Abd Halim Aman confirmed that the case is being investigated under Section 16 of the MACC Act 2009. Earlier, the MACC had obtained a five-day remand order against two individuals, including a Datuk who previously served as the director-general of the statutory body. While the former CEO, currently receiving treatment at Putrajaya Hospital, was initially remanded for three days.

The two individuals, aged in their 50s and 60s, were detained last Sunday after arriving at the MACC headquarters to provide their statements. Investigations have led the MACC to open seven investigation papers into allegations of misappropriation, abuse of power, and corruption involving FELDA and its subsidiary, FELDA Investment Corporation Sdn Bhd (FIC).