Former GISB Holdings Sdn Bhd (GISBH) accountant Hamimah Yakub pleaded not guilty at the sessions court here to nine charges of money laundering involving RM3.89 million.
The 73-year-old entered her plea after the charges were read out to her before judge Awang Kerisnada Awang Mahmud.
Hamimah was accused of receiving RM3.61 million in illegal proceeds from various parties through bank transfers between Jan 5, 2020, and Dec 31, 2021.
She was also accused of transferring RM280,000, believed to be illegal proceeds, from one personal account to another as well as to GISBH between Jan 5, 2020, and Sept 23, 2021.
The offences were alleged to have been committed at several banks in Kedah and Selangor.
All charges were filed under Section 4(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (Act 613), and are punishable under Section 4(1) of the same law.
Section 4(1) provides for imprisonment of up to 15 years and a fine of not less than five times the value of the illegal proceeds at the time of the offence or RM5 million, whichever is higher.
Awang set bail at RM5,000 with one surety after hearing submissions from deputy public prosecutor Izham Marzuki and defence counsel Rosli Kamaruddin.
Izham earlier told the court that Hamimah is set to face an additional 60 charges.
The court will hear these charges tomorrow, together with dozens of charges against GISBH CEO Nasiruddin Ali and two other members, Khushairi Osman and Asmat @ Asmanira Ramly.
This morning, the High Court fixed Oct 30 pending a decision by the attorney-general on representations filed by 22 accused linked to GISBH, who were earlier charged with being members of an organised crime group.
