In a statement confirming the arrest of a senior executive of TVS yesterday, the company said: “We wish to clarify that this matter is on a personal level and unrelated to Sarawak Media Group and TVS as a whole. Our business operations continue as usual.”

TVS is a broadcasting company formerly known as TV Sarawak.

The statement said the company would fully cooperate with the relevant authorities as necessary, and gave warning that they reserved the right to take legal action over any false information or baseless allegation involving the case.

The senior executive of TVS, in his 60s, was among five people arrested in Sarawak and Penang yesterday for suspected involvement in money laundering.

Police said today the senior executive and a woman have been remanded for two days, while a child of the woman had been released on bail.

Inspector-General of Police Razarudin Husain said yesterday that four men and one woman were detained by Bukit Aman following an investigation on suspicious transactions involving several bank accounts between 2017 and September 2024.

Several vehicles and documents were seized and bank accounts frozen.