BUSINESSMAN Datuk Shamsubahrin Ismail, who is facing five counts of cheating National Feedlot Corporation former director Datuk Seri Dr Mohamad Salleh Ismail, pleaded not guilty today to 17 charges under the Anti-Money Laundering and Anti-Terrorism Financing Act 2001.
Shamsubahrin, 45, faced 14 charges of transferring funds from NFC and his accounts into his wife’s account and three charges of using bankers cheques to purchase three Mitsubishi vehicles, all amounting to RM1.755 million.
Among the charges were, deposits of cash and cheques between RM30,000 and RM500,000 from National Meat & Livestock Corporation Sdn Bhd and Real Food Sdn Bhd into an account belonging to himself and his wife Suzana Abdul Aziz, 45, deemed to be profits from illegal activities.
The charges also included transferring between RM100,000 and RM700,000 from his account to his wife’s account. The offences were allegedly committed at CIMB Bank, RHB Bank and Maybank branches in Kuala Lumpur and Petaling Jaya between Nov 25 and Dec 13, 2011.
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