BUTTERWORTH: A former bank officer has been charged at the Sessions Court here with 14 counts of money laundering involving 12 victims and RM3.41mil.
Ganesan Rajaya, 35, pleaded not guilty to all charges before Sessions judge Noor Aini Yusof on Monday (Dec 13).
He is alleged to have committed the offences at the Taman Inderawasih Perai branch of Malayan Banking Berhad in Penang between Aug 22, 2017 and Oct 7, 2019.
The charge, under Section 4 (1) (b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds from Illegal Activities Act (AMLATFPUAA) 2001, carries a maximum jail term of 15 years and a fine of five times the amount or value of the proceeds at the time the offence was committed, or RM5mil, whichever is higher. if convicted.
The court allowed Ganeson bail of RM10,000 for each count and set Jan 17 for next mention.
Deputy public prosecutor Muhamad Syeqal Che Murat prosecuted, while Ganeson was represented by Pyara Singh. – Bernama
