SHAH ALAM: A former lawyer, who is serving a jail term, claimed trial at the Sessions Court here to four charges of money laundering totaling more than RM5.69 million today.
Loke Chee Min, 64, pleaded not guilty to all charges framed under Section 4(1)(b) of the Anti-Money Laundering and Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001, when it was read to him before Sessions Court judge Norazlin Othman this morning.
He was slapped with two charges of transferring RM1.635 million in proceeds from unlawful activities from the Public Bank Bhd and CIMB Bank Bhd accounts of his firm, The Law Office of C.M. Loke, into its Alliance Bank account. The money was transferred via three transactions.
He was also slapped with another two charges of disposing RM4,059,138.60 that are proceeds from unlawful activities from the firm's Alliance Bank and CIMB Bank accounts.
The money was disposed of through 26 CIMB cheques.
He was accused of committing the offences at Alliance Bank's Balakong branch in Petaling, as well as at the CIMB Bank and Public Bank branches in Taman Taming Jaya, Hulu Langat, between Oct 12, 2017, and Jan 30, 2018.
The charges carries a jail term not exceeding 15 years and a fine of at least five times the sum obtained from money laundering, or RM5 million, whichever is higher, upon conviction.
Deputy public prosecutor Wan Nur Amanina Wan Din did not suggest for the court to offer any bail to the accused as he is serving his jail term for another crime.
The court fixed May 11 for re-mention.
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