KUALA LUMPUR: A former GISB Holdings Sdn Bhd (GISB) accountant was charged in the Sessions Court here today with 40 counts of money laundering involving over RM3.8mil.
This follows a previous charge in the Shah Alam Sessions Court on 54 counts of money laundering involving RM20.3mil.
Mohd Khushairi Osman, 54, pleaded not guilty to the charges when they were read out to him before Judge Azrul Darus on Thursday (Sept 18).
He faces 15 charges for receiving money from illegal activities amounting to RM2,694,339.78, which was transferred from the accounts of two individuals and several companies into his bank account in Taman Tun Dr Ismail, between 2020 and 2024.
He also faces 25 charges for transferring RM1,128,173.80 of proceeds from illegal activities from his personal account to the accounts of companies and individuals, including GISB Travel and Tours Sdn Bhd, GISB Holdings Sdn Bhd, and GISB Mart Sdn Bhd.
The charges are framed under Subsection 4(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (Act 613).
If convicted, he faces up to 15 years in prison and a fine of at least five times the amount of money involved, or RM5mil, whichever is higher.
Deputy public prosecutor Sangari Ponnan proposed bail of RM5,000 with one surety for each charge, as well as a condition for the accused to report to the police Anti-Money Laundering Division of Bukit Aman once a month until the case is resolved.
Defence counsel Datuk Rosli Kamaruddin requested the court to allow RM25,000 bail, which was set previously at the Shah Alam Sessions Court, as the case would be transferred to Shah Alam for a joint trial.
"My client has no permanent job and only works occasionally in night markets. All his bank accounts, including those of his family members, have been frozen," said Rosli.
Judge Azrul set bail at RM10,000 for all charges, with the additional condition as requested by the prosecution, and fixed the next mention for Nov 13.
On Sept 10, Mohd Khushairi pleaded not guilty in the Shah Alam Sessions Court to 54 counts of money laundering involving RM20.3mil. – Bernama
