Company director pleads guilty to money laundering involving nearly RM300,000

Judge Norsiah Ujang set Sept 28 to hear the facts of the case before handing down the sentence on Mohd Nizam Noh, 49, who is a director at Massnizam Group Travel & Tours Sdn Bhd.

She set bail at RM40,000 with one surety and also ordered Mohd Nizam to surrender his passport to the court.

Mohd Nizam, who has seven children, was charged with committing the offences at the Maybank Islamic Berhad branches at Sungai Rengit, Pengerang, and Kota Tinggi, as well as at the Kota Tinggi Bank Islam Malaysia Berhad branch here between March 17, 2019, and Nov 13, 2019.

The charges were framed under Section 4(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001, which provides an imprisonment for up to 15 years and a fine of not less than five times the amount of proceeds from unlawful activities, or RM5 million, whichever is higher, upon conviction.

Deputy public prosecutor Norazihah Asmuni prosecuted, while Mohd Nizam was unrepresented.