Officers who went to Adam’s house, dubbed by many as “Disneyland castle” in Ampang, seized five cars – a Mini Cooper, a BMW 5 Series, a Mercedes C200, an Audi A6 and a Toyota Vellfire.
Eight accounts under Adam and his wife’s name, with money amounting to RM212,461.41, were frozen.
Adam, who was detained after his statement was recorded at the MACC headquarters on Thurs
day, has been remanded for five days to allow the commission to investigate him.
He arrived at the court complex at 9.30am yesterday, clad in the MACC orange lock-up attire and smiled to the waiting cameramen.
Lawyers Nik Zarith Nik Moustapha and Asyraf Othman, as well as his mother, wife, baby daughter and a group of friends were waiting for him in the courtroom.
Magistrate Nik Isfahanie Tasnim Wan Ab Rahman granted prosecutors’ request for him to be remanded until April 18.
The MACC is investigating the case under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act.
Adam’s wealth came to the public’s attention after his political opponents questioned how he was able to afford his castle-style bungalow which they claimed cost RM7mil.
The special officer to Ampang MP Zuraida Kamaruddin, however, said he bought the house for RM1mil at an auction.
He also claimed that his money came from business ventures and family inheritance.
A source said the big question was whether Adam was actually involved in “proper” business ventures that brought him that much profit.
“Does he really have a business, did he really inherit a substantial amount of money or did he obtain it from ‘brokering’ or some kind of borrowings. We are sure there are ways for MACC to get to the bottom of this,” said the source.
MACC deputy chief commissioner Datuk Azam Baki said officers were still investigating the case.
“They are still finding more evidence and going through documents.
“Let them probe and we will see what comes out of it,” he added.
Source: The Star/ANN