Money Laundering Cases In Malaysia That Already Sentenced

Judicial commissioner datuk ahmad shahrir mohd salleh also fined all accused.

Money laundering cases in malaysia that already sentenced. A 69 year old woman has been jailed for five months after being tricked into giving 700 000 to an online scammer she believed was in love with her and helping to launder 700 000 more. A former company manager has claimed trial to two counts of money laundering amounting to rm735 500. Kuala lumpur malaysia s former premier najib razak was on tuesday july 28 sentenced to 12 years jail and fined rm210 million s 68 1 million after being found guilty of all seven charges in. The high court on monday raised the jail terms of two money mules involved in one of the largest known money laundering cases here finding their existing sentences to be manifestly inadequate.

The high court here has sentenced former prime minister datuk seri najib razak to 12 years in jail and a total fine of rm210mil in default of five years in jail after he was found. In the world of money laundering international reputation of malaysia is degrading with time and has already fallen below that of thailand or indonesia. A decade and a half before the high profile money laundering cases involving former premier datuk seri najib razak and members of his family a medical doctor and co founder of safire pharmaceuticals sdn bhd was the first in the country to be charged under the anti money laundering act 2001 amla for sums involving millions of dollars more specifically dr hamimah idruss was charged in 2005. Chen received a life sentence in september 2009 after being found guilty on charges of money laundering bribery and embezzlement of government funds totalling nt 490m usd 15m.

His wife wu shu chen already jailed for perjury in the case was also sentenced to life for corruption. Kuala lumpur aug 4 eight individuals were sentenced to between three and nine years in jail by the high court here today for money laundering and illegal deposit taking related to gold bullion investments in 2011.