GISB executives face 264 money laundering charges totaling over RM40mil


SHAH ALAM: The chief executive officer (CEO) of GISB Holdings Sdn Bhd (GISBH), Nasiruddin Mohd Ali, and the company's three former accountants pleaded not guilty in the Sessions Court here on Wednesday (Sept 10) to 264 charges of money laundering involving more than RM40mil from 2020 to 2024.

Nasiruddin, 66, Hamimah Yakub, 73, Asmat @ Asmanira Muhammad Ramly, 45, and Asmat's husband, Mohd Khushairi Osman, 54, made the plea after all the charges were read separately, for over five hours before the judge, Awang Kerisnada Awang Mahmud, reported Sinar Harian.

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