Ambank founder shot dead over land deal

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Hussain Ahmad Najadi, the founder of Malaysia’s 5th largest bank Ambank, who was shot dead on July 29 in broad daylight in Kuala Lumpur, was apparently murdered by contract killers following a land deal that went sour with a business partner, police said.

Three men – the shooter and 2 other people – have been identified through CCTV camera footage from the area where the shooting took place, a parking lot near a Chinese temple in Lorong Ceylon district in Malaysia’s capital. There are also 7 witnesses who saw the incident.

Kuala Lumpur police chief Datuk Mohmad Salleh said initial investigations showed the motive was linked to the buying and selling of property involving the 75-year-old Hussain. Mohmad added the persons responsible for hiring the assassins had yet to be ascertained.

The incident is the third in a row of violent attacks on high-profile people in Malaysia. R. Sri Sanjeevan, the 29-year-old chairman of Malaysia’s crime watchdog group MyWatch, is recovering in a hospital after being shot on July 27, 2013. Sosilawati Lawiya, a cosmetics millionaire, was murdered three years ago.

Malaysia’s Prime Minister Najib Razak said on July 30 that “this situation cannot persist. Immediate and serious action must be taken by the authorities to bring back public peace and confidence. It is up to the police to ask from the government what they require.”

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Reading Time: 1 minute

Hussain Ahmad Najadi, the founder of Malaysia’s 5th largest bank Ambank, who was shot dead on July 29 in broad daylight in Kuala Lumpur, was apparently murdered by contract killers following a land deal that went sour with a business partner, police said.

Reading Time: 1 minute

Hussain Ahmad Najadi, the founder of Malaysia’s 5th largest bank Ambank, who was shot dead on July 29 in broad daylight in Kuala Lumpur, was apparently murdered by contract killers following a land deal that went sour with a business partner, police said.

Three men – the shooter and 2 other people – have been identified through CCTV camera footage from the area where the shooting took place, a parking lot near a Chinese temple in Lorong Ceylon district in Malaysia’s capital. There are also 7 witnesses who saw the incident.

Kuala Lumpur police chief Datuk Mohmad Salleh said initial investigations showed the motive was linked to the buying and selling of property involving the 75-year-old Hussain. Mohmad added the persons responsible for hiring the assassins had yet to be ascertained.

The incident is the third in a row of violent attacks on high-profile people in Malaysia. R. Sri Sanjeevan, the 29-year-old chairman of Malaysia’s crime watchdog group MyWatch, is recovering in a hospital after being shot on July 27, 2013. Sosilawati Lawiya, a cosmetics millionaire, was murdered three years ago.

Malaysia’s Prime Minister Najib Razak said on July 30 that “this situation cannot persist. Immediate and serious action must be taken by the authorities to bring back public peace and confidence. It is up to the police to ask from the government what they require.”

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