TELUK INTAN: Two men were charged at the Sessions Court here today with four counts of money laundering amounting to RM2.7 million, three years ago.
Zulhilmi Mat Nayan@Ahmad, 34, and Hafiz Dahlan, 37, nodded their head when the charges were read before judge Norita Mohd Ardani.
Zulhilmi, an online trader, faces one count of accepting, using and possessing RM853,799.93 by transferring the money from his savings account to his current account via an online transaction system to a local bank between September 2014 and January 2015.
Hafiz, a civil servant, was charged with three counts of money laundering activities amounting to RM1,841,885.57 by transferring the money from his savings account to current account via three online transactions to a local bank between October 2014 and January 2015.
Both were charged under Subsection 4(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (Act613), which carries a jail term of up to 15 years and fine not less than five times the value of proceeds, or RM5 million.
The prosecution was conducted by deputy public prosecutor Shafinaz Shahbudin, while the duo were represented by Mohd Faizi Che Abu.
Norita allowed bail of RM5,000 with one surety for Zulhilmi and RM10,000 for all charges and a surety for Hafiz.
She set May 3 for re-mention at the Kuala Lumpur Sessions Court.