Forensic team in Malaysia carry the wrapped body
of Najadi after he was gunned down
Suspect held for Bahrain-born banker's murder
Manama, September 24, 2013
A suspected assassin accused of gunning down a Bahrain-born banker in Malaysia has been arrested, a report said.
Hussain Ahmed Najadi, 75, was shot in a car park as he was leaving a Chinese temple in Kuala Lumpur on July 29.
The banking giant suffered fatal gunshot wounds to his ribs and chest, while his 49-year-old Malaysian wife Cheong Mei Kuen escaped with serious hand and thigh injuries.
Malaysian police yesterday confirmed they arrested the alleged shooter, identified as Chinese Sei Ngan Chai, at a housing society in Taiping, reported the Gulf Daily News (GDN), our sister publication.
"We tracked down the suspect in Taiping and have arrested him, along with two others whom we believe helped protect him," Inspector General of Police Khalid Abu Bakar said during a Press conference at the Kuala Lumpur police headquarters.
"He has been brought to Kuala Lumpur. After this, we will try to track down the weapon used to kill Hussain."
Abu Bakar said two Chinese men, aged 31 and 26, suspected to be Chai's accomplices, will be investigated for harbouring an alleged criminal.
Former Bahrain resident Najadi, who had Iranian citizenship and permanent Malaysian residency, was chairman and chief executive of multi-billion dollar corporation Arab Investments for Asia Kuwait Limited (AIAK) Group.
His only son Pascal Najadi, who is AIAK deputy chairman and deputy chief executive, yesterday praised the efforts of the Malaysian police in tracking down the suspects.
"My mother, Heidi Najadi, and I are relieved and we also say a great thank you to the hard work of the Malaysian Police," he told the GDN.
"They have done a fantastic job and we continue to have full faith and trust in the diligent work of the Malaysian Justice and Law Enforcement to bring out the truth.
"Sadly, nothing and no one can bring back my beloved late father. May he rest in peace and paradise where he now belongs, he added.
Najadi was previously convicted of embezzlement, but acquitted of all charges by Bahrain's Supreme Civil Appeals Court. His company founded the Arab Malaysian Banking Group (AMBG) in 1975, which is now a $16 billion banking group in Asia. – TradeArabia News Service
More Miscellaneous Stories
- Diamond to launch UK café brand in UAE
- Mideast super-rich's wealth surges to $354bn
- Focus on anti-trafficking co-operation
- 300 brands on show at Saudi Foodex
- Bridge project at US base to be ready soon
- DuPont in sustainability goals success
- Abu Dhabi Police, Royal Jet ink agreement
- Jotun opens warehouse in Dammam
- RAK Ceramics deploys top SAP software
- GCAA warns on helium balloon dangers