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Wed 7 Aug 2013 12:07 PM

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Three detained over Bahraini banker's murder

75-year-old bank founder shot dead in Malaysia was third prominent figure murdered recently

Three detained over Bahraini banker's murder
Seventy-five-year old Hussain Ahmad Najadi, founder of Malaysia’s fifth largest bank, was gunned down in the capital Kuala Lumpur on July 29.

Three people are being held in custody over the murder of a prominent Bahraini banker in Malaysia.

Seventy-five-year old Hussain Ahmad Najadi, founder of Malaysia’s fifth largest bank, was gunned down in the capital Kuala Lumpur on July 29.

He was walking to his car following a business meeting when he and his wife were attacked by gunmen, a senior police official said.

A permanent Malaysia resident, Najadi died on the spot after suffering two gunshot wounds to the chest, while his wife suffered serious injuries.

Najadi’s murder was the third attack on high profile figures in Malaysia in recent months, following the deaths of a senior customs official and anti-crime activist in similar circumstances.

Two women and a man have reportedly been detained in relation to Najadi’s murder.

The man is believed to have been with the prime suspect in the case and the women were trustees at the temple where the murder took place.

Najadi established the Arab Malaysian Banking Group in 1975, which he sold seven years later. It is currently known as AMMB Holdings Berhad and is the South-East Asian country’s fifth biggest lender by market capitalisation.