Unemployed man charged with 15 counts of money-laundering in Ipoh

  • Nation
  • Monday, 27 Jul 2020

IPOH: A 63-year-old unemployed man has claimed trial to 15 charges of money-laundering at the Sessions Court here.

Chan Wai Sun pleaded not guilty and claimed trial to all the charges under Section 4(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceed of Unlawful Activities Act.

According to the charge sheet, Chan allegedly committed the offences at several banks here between Jan 2,2016 and May 27,2019.

He was said to have used multiple personal bank accounts and one account owned by GT Maju as a means for the illegal activity.

In one of the charges, he had used two bank accounts to transfer a sum of RM100,000 on May 22,2017.

If found guilty, he could serve up to 15 years in jail and be fined a minimum of five times the amount of money involved in the crime or RM5mil, whichever is higher.

Deputy Public Prosecutor Syafinas Shabudin requested bail to be set at RM100,000 bail with one surety for all charges.

Chan's lawyer, Wan Muhd Ariff Ameer Wan Normazlan, suggested bail at RM20,000 with one surety.

He also said Chan was willing to surrender his international passport and to report himself to the nearest police station once a month.

He said Chan is currently unemployed, does not have income and relies on his wife, who is working as a supervisor at a petrol station, to take care of him and their 28-year-old daughter.

Judge Fauzi Nasir set bail at RM40,000 with one surety and ordered Chan to report himself to the nearest police station on the first of every month until the case is settled.

He also ordered Chan’s passport to be surrendered to the court and set Aug 28 for mention.

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 Money laundering , Crime , Sessions Court , Ipoh


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