KUALA LUMPUR: Police have ruled out criminal breach of trust (CBT) in the case of property purchased by Malaysians linked to Majlis Amanah Rakyat (Mara).
Inspector General of Police Tan Sri Khalid Abu Bakar said for now police were not involved in investigations as there were no elements of CBT in the case.
â€œInvestigations will be carried out entirely by the Malaysian Anti Corruption Commission (MACC),â€ he told reporters at Bukit Aman on Monday.
Australian daily The Age had reported last week that a top Mara officer, senior official and former politician had allegedly spent millions in government funds to buy an apartment block in Melbourne.
The report alleged that â€œa group of super-rich Malaysian officialsâ€ overpaid by A$4.75mil (RM13.8mil) for an apartment block in the city in 2013.
The trio had allegedly â€œoverbidâ€ for the building, called Dudley International House.
The property was bought by Mara to serve as a hostel for its sponsored students in Melbourne.