Court sets Nov-9 verdict on Syed Saddiq’s trust breach, money laundering case
Published on: Thursday, September 21, 2023
By: Bernama
Text Size:
The Muar MP was ordered last year to enter his defence on the four charges after the prosecution managed to establish a prima facie case against him at the end of the prosecution's case. (Malay Mail pic)
Kuala Lumpur: The High Court here will decide on Nov 9 whether to acquit or convict Muar Member of Parliament Syed Saddiq Syed Abdul Rahman on charges of abetting in criminal breach of trust (CBT), misappropriation of property and money laundering.
Based on the search in the judicial system today, Judge Datuk Azhar Abdul Hamid will deliver the verdict at the end of the defence case at 9am.
ADVERTISEMENT
Deputy public prosecutor Datuk Wan Shaharudin Wan Ladin, when contacted, confirmed the date.
On March 14 this year, the defence team closed its case after calling four witnesses, including Syed Saddiq.
On October 28 last year, Syed Saddiq, 30, was ordered to enter his defence on the four charges after the prosecution managed to establish a prima facie case against him at the end of the prosecution case
The prosecution closed its case on September 27 last year after calling 30 witnesses, who included Syed Saddiq’s parents, father Syed Abdul Rahman Abdullah Asagoff and mother Shariffah Mahani Syed Abdul Aziz, as well as former Armada assistant treasurer Rafiq Hakim Razali.
ADVERTISEMENT
Syed Saddiq is charged as the then Bersatu Youth wing or Armada chief, with abetting Rafiq, who was entrusted with RM1 million in funds belonging to the wing, to commit a criminal breach of trust by misappropriating the funds at CIMB Bank Bhd, Menara CIMB KL Sentral, Jalan Stesen Sentral 2 here on March 6, 2020.
He is also charged with misappropriating RM120,000 from the Maybank Islamic Bhd account belonging to Armada Bumi Bersatu Enterprise by causing Rafiq Hakim to dispose of the money at Malayan Banking Bhd, Jalan Pandan 3/6A, Taman Pandan Jaya here between April 8 and 21, 2018.
ADVERTISEMENT
He also faces two counts of money laundering, namely two transactions of RM50,000 each believed to be proceeds from unlawful activities, from his Maybank Islamic Bhd account into his Amanah Saham Bumiputera account at a bank in Jalan Persisiran Perling, Taman Perling, Johor Baru, on June 16 and 19, 2018.
Stay up-to-date by following Daily Express’s Telegram channel.
* Follow us on Instagram and join our Telegram and/or WhatsApp channel(s) for the latest news you don't want to miss.* Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available.
.jpg)
