A total of 230 money laundering cases involving more than RM24.1 million connected to GISB Holdings Sdn Bhd (GISBH) CEO Nasiruddin Ali and three former GISBH accountants were transferred to the Shah Alam sessions court today to be tried together.
Nasiruddin, 66, faces 77 charges involving RM10,084,323.70; Hamimah Yakub, 73, faces 59 charges (RM2,145,357.62); Asmat @ Asmanira Muhammad Ramly, 45, faces 43 charges (RM3,806,392.01); and Asmat’s husband, Khushairi Osman, 54, faces 51 charges (RM8,136,047.51).
Sessions court judge Awang Kerisnada Awang Mahmud made the decision after allowing the prosecution’s application to transfer all the cases to be heard before another sessions court judge, Fatimah Zahari, reported Sinar Harian.
During proceedings, deputy public prosecutor Ashrof Adrin Kamarul said the application to consolidate the cases was made to save the costs and time of all parties.
“It will also make it easier for witnesses and all relevant parties to attend, as well as assist in pre-trial preparation and ensure smoother trial proceedings,” he said, appearing together with deputy public prosecutor Izham Marzuki.
Lawyer Nurainaa Kamilah Zalizan, representing Hamimah, and lawyer Rosli Kamaruddin, representing the other three accused, did not object to the application.
The court allowed the application and fixed January 29, 2026, for the next mention of the case.
According to the charges, the accused received and transferred proceeds from illegal activities through several accounts, including those belonging to themselves, GISB Mart Sdn Bhd, GISB Travel and Tour Sdn Bhd, and a childcare centre in Bandar Baru Bangi, Rawang, and Subang Perdana, between 2020 and 2024.
They were charged under Section 4(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001, which is punishable under Section 4(1) of the same Act.
If convicted, they face a maximum jail term of 15 years and a fine of five times the amount or value of the proceeds of unlawful activities, or RM5 million, whichever is higher.
Nasiruddin and 21 other senior GISBH leaders were released from prison last week after completing their 15-month jail terms for being part of an unlawful organisation.
