Workshop owner claims trial to money laundering charge - Malaysia Crime Infonet

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Thursday, March 30, 2017

Workshop owner claims trial to money laundering charge

PETALING JAYA (30/03/2017): A workshop owner was the latest to be charged in a string of money laundering cases involving Maybank.
Mohd Hezzam Arfaei Mat Hassan, 39, claimed trial before the Sessions Court here to two charges of receiving laundered funds: RM268,251.10 between November and December 2014, and RM255,954.46 between December 2014 and January 2015
Both alleged offences occurred at a Maybank branch along Persiaran Akademi Perdana, Taman Equine, in Bandar Putra Permai here. 
Under Section 4 (1)(b) of the Anti-Money Laundering and Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001, Mohd Hezzam Arfaei could face up to 15 years in jail and a fine of RM5mil.
Deputy Public Prosecutor Idamasliza Maarof applied for the case to be transferred to the Kuala Lumpur Sessions Court, to be heard together with the cases of two dozen others facing charges of money laundering and misappropriating RM10.2mil from Maybank Islamic.
She also requested that bail be fixed at RM50,000. 
Defence attorney Mohd Faizi Che Abu pleaded for lower bail, saying the prosecution’s requested sum would have a crushing impact on the accused’s family – his pregnant wife and four schoolgoing children.
"As my client's matter would be merged with the KL case, it could easily take a year or more to be resolved. Without bail, he would spend the entire time in prison," he said.
Judge Hilmiah Yusof fixed bail at RM10,000 with two sureties, and set the additional condition that the accused report in to a police station on the first of every month. 
The case's next mention will be on May 3, to transfer the matter to Kuala Lumpur.
On Feb 9, a group including 13 members of one family claimed trial at the KL Sessions Court to embezzling more than RM10mil from the bank three years ago.
On Feb 11, five more people, including two brothers, were charged with misappropriating about RM11mil belonging to Maybank, during the same period.


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Workshop owner claims trial to money laundering charge Reviewed by Unknown on Thursday, March 30, 2017 Rating: 5 PETALING JAYA (30/03/2017): A workshop owner was the latest to be charged in a string of money laundering cases involving Maybank. Mohd...


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