KUALA LUMPUR: The Bank Negara Malaysia (BNM) officer who ordered the raid on the Raja Chulan Ambank branch did so because there was suspicion of illicit banking activity, the High Court heard.
Ahmad Farhan Sharifuddin, 32, said he received orders from Financial Intelligence and Enforcement Department director Abd Rahman Abd Bakar to investigate the Ambank group over a suspected offence under Section 4 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act (Amlatfpuaa) 2001.
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