Crime & Courts

Lawyer claims trial to laundering RM937,000

SHAH ALAM: A lawyer was charged at the Sessions Court here today with seven counts of money laundering involving RM937,000 five years ago.

Mohd Zawahid Ya, 47, claimed trial to all charges read before Judge Emilia Kaswati Mohamad Khalid.

According to the charge sheet, the accused, who owns Messrs. Mohd Zawahid & Co was alleged to have issued 11 cheques amounting to RM937,000 which were proceeds from unlawful activities.

The cheques were issued using the firm's CIMB Bank Bhd account and later deposited into two of the accused's personal accounts namely his Public Bank Bhd and CIMB Bank Bhd accounts.

He also deposited some amounts from the funds to United Success Management Agency, Owl Success Enterprise, Owl Success Services Sdn Bhd and Owl Success Services Resources Sdn Bhd, to two people named Teh Aun Yong and Teh Sze Hooi.

He was alleged to have committed the offence at CIMB Bank Bhd's the Strand branch in Petaling Jaya, between Aug 14 and Aug 30 2017.

His charges were framed under Section 4(1)(b) Anti-Money Laundering and Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001, which carries up to 15 years in jail and a fine of at least five times the sum obtained from money laundering or RM5 million, whichever is higher, upon conviction.

Judge Emilia Kaswati ordered a total of RM28,000 as bail for all charges on the accused and fixed Jan 18 for re-mention.

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