JOHOR BARU: A former manager of trading company pleaded not guilty at the Sessions Court here yesterday to 13 counts of money laundering involving a total of RM500,000.
Foo Tseh Wan, 40, was accused of committing the offences by receiving the amount through several bank accounts belonging to him from Advanced System Polymer Sdn Bhd on 13 separate occasions between February and June, 2015.
He was charged under Section 4(1) (b) of the Anti-Money Laundering Act, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (Act 613).
Deputy Public Prosecutor Mahadi Abdul Jumaat appeared for the prosecution while Foo was represented by counsel Datuk Kamarul Hisham Kamarudin.
Judge Mohd Fauzi Mohd Nasir set bail at RM50,000 with one surety and set March 5 for mention of the case.