BATU PAHAT: Two businessmen have been charged in the Sessions Court here with six counts of money laundering and 18 counts of using fraudulent documents involving more than RM1.5 million (S$495,000).
Lim Kui Yong, 36, and Chong Chee Wai, 45, nodded as the charges were read out to them before judge Azuar Che Yusof. They pleaded not guilty.
Lim was charged with money laundering involving RM990,000 from Syarikat Megafest Sdn Bhd through a cheque deposited into his current account on May 20, 2008 at a bank in Jalan Abdullah, Muar here.
Chong allegedly committed five offences on Sept 8, 2008 at another bank in Jalan Rahmat here involving a total of RM250,000 through five transactions.
Both of them are charged under Section 4(1)(a) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001, which carries a maximum fine of RM5mil or five years in jail, or both.
A third accused, Chew Choon Fang, 40, was charged with Lim and Chong for cheating and using forged documents for the fraudulence and falsification of documents.
Azuar set bail at RM30,000 for Chong and Chew and RM25,000 for Lim. They must also surrender their passports to the court.
In Kuala Lumpur, company director Luke Ram Shori, 53, claimed trial in the Sessions Court here to eight counts of money laundering exceeding RM1mil.