Amendments pose strong deterrent to launderers, say activists


PETALING JAYA: While some parts of the Anti-Money Laundering, Anti-Terrorism Financing, and Proceeds of Unlawful Activities (AMLA) Amendment Bill 2024 were hailed, other parts have got anti-corruption activists worried.

Concerns have been raised particularly over the introduction of Sections 3A and 3B, which would empower the public prosecutor to request individuals to furnish written statements under oath or affirmation explaining how they acquired property deemed excessive relative to their income.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Teen girl found dead at home in Sg Buloh
Zara 'expressed hatred' for her mum in diary, inquest hears
Religious school in JB partially destroyed in fire
Three killed in accident near Segamat
Sarawak Governor conveys Good Friday, Easter greetings to Christians
Ampang, Sri Petaling lines fully resume after power disruption
Terengganu PERKESO rehab centre to boost recovery, re-employment
Only those travelling more than 8km allowed to WFH, says PSD
Anwar chairs global energy crisis special meeting with MB, CMs
Proposed cable car for Mount Kinabalu must prioritise conservation, says minister

Others Also Read