Ex-CEO charged with money laundering involving RM1.57mil
Published on: Friday, March 03, 2017
SHAH ALAM: Former chief executive officer of TH Heavy Engineering Bhd, Datuk Nor Badli Munawir Mohamad Alias Lafti, was charged at the Sessions Court here Thursday with three counts of involvement in money laundering involving RM1.57 million, four years ago. Nor Badli Munawir, 51, however, pleaded not guilty and claimed trial after the charges were read to him before Judge Asmadi Hussin. TH Heavy Engineering is an associate company of Tabung Haji.
ADVERTISEMENT
Nor Badli Munawir was charged with being involved in money laundering by accepting cash of RM400,000, RM570,000 and RM600,000 from Bicara Sepakat Sdn Bhd director, Murhasmee Mukhtar. He was alleged to have committed the three offences at a restaurant in Ara Damansara, Petaling Jaya, between 6pm and 8pm on May 2, 2013, June 26, 2013, and Sept 11, 2013. He was charged under Section 4 (1)(a) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001, which provides a maximum fine of RM5 million, or five years' jail, or both, if convicted. Deputy public prosecutor from the Malaysian Anti-Corruption Commission (MACC) Mohammed Heikal Ismail proposed to the court for the accused to be released on bail of RM50,000 for the three counts as he was also charged with two other counts of money laundering under the same Act, involving RM1 million, at the Kuala Lumpur Sessions Court earlier Thursday.
ADVERTISEMENT
For the two charges, he was allowed bail of RM50,000.Mohamed Heikal, who was represented by counsel Kitson Foong, on the other hand, applied for the three charges to be tried together with the cases in Kuala Lumpur Sessions Court.
ADVERTISEMENT
Judge Asmadi allowed Nor Badli Munawir bail of RM50,000 and for the three cases to be transferred to the Kuala Lumpur Sessions Court. Stay up-to-date by following Daily Express’s Telegram channel.
Daily Express Malaysia
