Kuala lumpur: The Malaysian Anti-Corruption Commission (MACC) has detained eight individuals as part of an ongoing investigation connected to the freezing of several bank accounts belonging to garment retailer Padini Holdings Bhd and its subsidiaries. MACC chief commissioner Tan Sri Azam Baki shared that the investigation is active, with statements already recorded from 10 individuals, while efforts are underway to trace an additional 15 individuals to assist in the probe.

According to BERNAMA News Agency, the case remains under investigation, as Azam Baki addressed the media during a press conference. He emphasized that despite appeals from related parties, the asset freeze will remain in place. Investigating officers believe that maintaining the freeze on the company's assets is necessary at this stage of the investigation.

On April 25, Padini Holdings Bhd announced that it had begun an internal review following the MACC's decision to freeze several of its bank accounts. The company indicated that the investigation involves certain external counterparties and clarified that these parties are not part of its employees, officers, or management. In response to the situation, Padini has engaged external legal counsel and has taken steps, including applying for relief to have the accounts unfrozen.