Shafee claims trial to money laundering, false statement charges

  • Sep 13, 2018
  • Views 97

Image Description

Prominent lawyer Muhammad Shafee Abdullah has been charged with two counts of money laundering and two counts of making false statements.

He pleaded not guilty to all charges, which were read out at the Kuala Lumpur Sessions Court today.

According to the charge sheet, Shafee was alleged to have engaged in two counts of money laundering activities by receiving proceeds from illegal activities amounting to RM9.5 million.

The sum was allegedly transferred to Shafee in two tranches from a bank account belonging to former prime minister Najib Abdul Razak.

The lawyer was alleged to have committed the offence on Sept 13, 2013, and Feb 17, 2014.

If found guilty under Section 4(1)(a) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLAPAU), Shafee will face a maximum jail term of five years, a fine of up to RM5 million or both.

Shafee also faces two counts of violating the Income Tax Act 1967 by omitting the income received from Najib in statements made to the Inland Revenue Board on two occasions in 2015.

If found guilty, Shafee can be jailed up to 15 years and fined not less than five times the value of the sum involved in the offence or RM5 million, whichever is higher under AMLAPAU.