Wednesday, 9 December 2015 | MYT 5:17 PM
Company director charged with laundering more than RM1mil
KUALA LUMPUR: A 53-year old company director claimed trial in a Sessions Court here to eight counts of laundering more than RM1mil.
Shori Aquatic Industry Sdn Bhd director Luke Ram Shori was charged with transferring the RM1,151,950 gained from illegal activities via eight transactions from CIMB Islamic Bank Berhad accounts owned by Syarikat Best Koi to a bank account owned by Shori Aquatic Industry.
The offences were allegedly committed at the CIMB Islamic Bank Sentul Raya branch here between Nov 14 2013 and June 18 last year.
He was charged under Section 4(1)(a) of the Anti Money Laundering and Anti Terrorism Financing Act 2001.
Deputy Public Prosecutor Mohd Farex Rahman later offered bail at RM150, 000 with one surety for all charges as it involved more than RM1mil.
He also applied for the court to impound Luke's passport.
In asking for a lower bail, Luke's counsel Muhammad Nor Izzat Nordin said that there was no possibility that his client would abscond as he had cooperated with the authority while his case was being investigated.
Sessions Court judge Sohaini Alias then granted bail at RM100, 000 with one surety for the eight charges and instructed Luke to surrender his passport before setting Feb 15 for mention.
