Why were two former Felda officers granted bail after remand?

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Two Former Felda Officers Granted Bail Following Remand Period

Two former senior officers from the Federal Land Development Authority (Felda), one of whom holds a 'Datuk' title, were released on bail amounting to RM400,000 each. This release follows a period of remand that began on January 25, facilitating investigations into alleged misappropriation linked to a sturgeon fish rearing project.
Investigation into Misappropriation of Technology Transfer

The investigation centres on the alleged misappropriation of funds related to the transfer of sturgeon fish breeding technology. This alleged misappropriation is reported to be worth US$10 million, equivalent to RM47.6 million, with activities dating back to 2014. The Malaysian Anti-Corruption Commission (MACC) initiated 'Op Caviar' to look into these claims, leading to the detention of several individuals.
Remand Period and Subsequent Release

The two former Felda officers, along with three other individuals, were initially detained around the Klang Valley on January 24. They were subsequently remanded for seven days starting January 25 to aid the MACC's investigation. While the other three individuals were released on January 31, the remand order for the two senior officers was extended for an additional three days from February 1.
Legal Framework for Investigation

The case is being investigated under Section 18 of the MACC Act 2009. This section of the act pertains to offences involving the use of one's position to solicit or accept bribes or to commit criminal breach of trust. The bail was granted by Magistrate Nik Isfahanie Tasnim Wan Ab Rahman, with each officer required to provide one surety.

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Why were two former Felda officers granted bail after remand?

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