KUALA LUMPUR: A husband and wife were charged in separate Sessions Courts here on Friday (Nov 11), each on five counts of money laundering involving RM6mil, two years ago.
Tan Soon Hin, 43, and his wife Teh An See, 47, pleaded not guilty after the charges were read before Judge M. Bakri Abd Majid and Judge Kamarudin Kamsun.
Tan was charged with being indirectly involved in a transaction involving the proceeds of unlawful activity involving RM6,079,922.75 deposited into a current account belonging to Miracle Fortune Trends Enterprise, his wife’s savings and current accounts and two current accounts belonging to Fickle Sdn Bhd.
As the sole owner and controller of Miracle Fortune and the director of Fickle Sdn Bhd, Teh was charged (the first to third charges) of receiving the proceeds from unlawful activity amounting to RM3,753,805.28 via the current account belonging to Miracle Fortune and two current accounts belonging to Fickle.
For the fourth and fifth charges, she was accused of receiving proceeds totalling RM2,326,117.47 from unlawful activity deposited into her savings and current accounts.
All the offences were committed at Maybank Islamic Berhad in Queensbay Mall, Bayan Lepas, Penang; Malayan Banking Berhad in Sunway Giza, Petaling Jaya, Selangor; Hong Leong Bank Berhad in Pulau Tikus and at Public Bank Berhad in Relau, Penang, between Jan 7, 2020, and Nov 11, 2021.
They were charged under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 which carries a maximum imprisonment of 15 years and can be fined for not less than five times the sum obtained from money laundering, or RM5mil, whichever is higher if convicted.
The judges then set bail at RM400,000 for Tan and RM500,000 for his wife and fixed Jan 16 next year for case mention. - Bernama