IT firm boss claims trial to money laundering


  • Nation
  • Wednesday, 03 Oct 2007

KUALA LUMPUR: Businessman Datuk Paiman Shakimon, who was accused last week of cheating two men to the tune of RM3.9mil in an investment scheme, claimed trial yesterday to 20 counts of money laundering involving RM1.2mil. 

Paiman, 48, who owns an IT company, is alleged to have used between RM1,000 and RM150,450 from illegal activities on different occasions for various purposes, including opening six fixed deposit accounts; paying deposits to buy two Mercedes-Benz cars; and paying monthly loan instalments for three Mercedes-Benz vehicles. 

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