MELAKA: A single mother has been charged with 19 counts of money laundering, involving a total of RM962,845.21, which were committed seven years ago.
Loo Mei Lin, 49, however, pleaded not guilty to the charges which were read out before Sessions Court judge Maziah Joary Mohd Tajudin here yesterday.
On the first charge, the businesswoman, who has three children, is alleged to have used a bank account as a tool to conduct unlawful activities.
For the second to the seventh charge, she was alleged to have received RM962,845.21, which were proceeds from unlawful activities conducted through her bank account, from one Teh Eet Meng, 55.
On the ninth to the 19th charge, Loo was charged with using RM273,255.84 of the proceeds from unlawful activities to pay her OCBC, Public Bank, RHB Bank and HSBC Amanah Malaysia Bhd credit cards, as well as to buy insurance policies for her family members.
All the offences were allegedly committed in Melaka Tengah and Alor Gajah between Dec 29,2014, and July 30,2015.
The charges were framed under Section 4(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001, which provides imprisonment of up to 15 years and a fine of not less than five times the amount of the ill-gotten gains or RM5mil, whichever is higher, if found guilty.
The court allowed Loo bail of RM50,000 and also ordered her to report to the nearest police station every month and not to intimidate any witnesses.
It also set June 4 for mention.
Deputy public prosecutor Rohaiza Zainal prosecuted while Loo was represented by Michael Tan. — Bernama