Former CEO of TH Associate company charged with money laundering

A former chief executive officer of a Tabung Haji associate company, TH Heavy Engineering Bhd was charged in the Sessions Court here today, with two counts of money laundering amounting to RM1 million, four years ago.

Datuk Nor Badli Munawir Mohamad Alias Latfi, 51, pleaded not guilty to both the charges read to him before Judge Madihah Harullah.

"I request for a court hearing," he said, looking calm after a court interpreter read out the charges.

Nor Badli allegedly received cash RM430,000 from Corak Intoil company director, Mohd Razip Mohammad and another RM570,000 from RL Offshore director, Hanaffi Daud which were from illegal proceeds.

The offences were committed at Fabricators Sdn Bhd, Menara UOA Bangsar, No 5, Jalan Bangsar Utama between 2pm and 4pm on June 27, 2013 and at Leaf Dining Restaurant at Solaris Mont Kiara here, between 3pm and 4 pm on Nov 1, 2013.

The charges under Section 4(1)(a) of The Anti-Money Laundering and Anti-Terrorism Financing Act 2001 carries a maximum fine of RM5 million or imprisonment not exceeding five years or both, if convicted.

Malaysian Anti-Corruption Commission deputy public prosecutor Mohd Asnawi Abu Hanipah offered a RM200,000 bail with one surety for both charges and requested that the case be tried together with a criminal breach of trust (CBT) case faced by the accused earlier in the same court.

Counsel representing the accused, Chetan Jethwani however appealed for bail of RM10,000 for both charges adding that his client would be facing another three counts of money laundering at Shah Alam Sessions Court later in the day.

The court set bail at RM50,000 with one surety for both the charges and fixed March 15 for mention.

On Jan 26, Nor Badli pleaded not guilty in the same court on five counts of CBT involving RM2.5 million. - BERNAMA