The MACC today obtained a four-day remand order against a former CEO of a government statutory body and a company chairperson over a share transaction scandal alleged to have caused public fund losses of over RM300 million.

Magistrate Azeren Zakariah allowed the two suspects, aged in their 40s and 50s, to be remanded until April 12, following MACC’s application at the Putrajaya Magistrate’s Court this morning.