The managing director with a datuk title, who was the second person to be arrested by the special task force received an early release today.
The 54-year-old male is linked to SRC International was to be detained for five days starting Wednesday was released a day before his remand expired.
He was arrested at a hotel in Petaling Jaya on July 21 in relation to investigations into 1MDB.
Magistrate Nik Isfahanie Tasnim Wan Ab Rahman set bail at RM100,000 with two sureties.
SRC International was formerly a 1MDB subsidiary which is now fully owned by the Finance Ministry.
It is one of the companies implicated as the source of the RM2.6 billion allegedly deposited into Prime Minister Najib Abdul Razak's private bank accounts.
Four nabbed to date
The special task force is probing alleged misappropriation of funds in the Finance Ministry-owned 1MDB and is also looking at the allegations levelled against the prime minister.
Najib, who is also finance minister, has denied taking government funds for personal gain.
Yesterday, a 39-year-old company director who was the first person to be arrested by the task force in relation to 1MDB was released on a RM100,000 bail with two sureties.
To date, the task force has arrested four people including the datuk remanded today , and 28-year-old male remanded yesterday.
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