KUALA LUMPUR (July 21): The government-owned strategic development company 1Malaysia Development Bhd (1MDB) said in a statement today that none of its employees has been remanded.

"1MDB notes media reports regarding an individual remanded by the magistrate’s court in connection with ongoing investigations by the Task Force. No 1MDB employee is under remand," it added.

It also reiterated its commitment to fully cooperate with all lawful authorities that are currently investigating 1MDB.

1MDB, which has racked up debts totalling some RM42 billion in just six short years of operation, is struggling to service them. It is also currently being probed by the Public Accounts Committee (PAC) and the National Audit Department.

Earlier this morning, the Malaysian Anti-Corruption Commission (MACC) obtained an order from the Magistrate's Court to remand a company director to assist in the investigation into the accounts of 1MDB.

According to national news agency Bernama, magistrate Lau Eric issued the order to remand the 39-year-old man until Friday for investigations under Section 17(a) of the MACC Act.

He was arrested at the KL International Airport last night by the special task force probing the accounts of 1MDB, it added.

Bernama said the suspect, in orange-coloured MACC lockup attire, arrived at the court at about 8.30am. He was represented by lawyer Tan Sri Muhammad Shafee Abdullah.

Shafee reportedly told pressmen that the MACC had asked for a seven-day remand order but the magistrate only assented to four days.

Shafee also said he did not know the grounds for his client's arrest but was told it was on "investigation on national grounds".