Syed Saddiq to know fate in CBT, money laundering case tomorrow

Syed Saddiq to know fate in CBT, money laundering case tomorrow

The Muar MP is facing four charges, including abetting in the misappropriation of RM1 million in funds belonging to Bersatu’s youth wing.

Syed Saddiq Syed Abdul Rahman was ordered to enter his defence on CBT, misappropriation of property and money laundering charges on Oct 28 last year. (Bernama pic)
KUALA LUMPUR:
The High Court here will deliver its verdict tomorrow on the case of Muar MP Syed Saddiq Syed Abdul Rahman, who is facing four charges of abetting in a criminal breach of trust (CBT), misappropriation of property and money laundering of Angkatan Bersatu Anak Muda (Armada) funds.

Justice Azhar Abdul Hamid is scheduled to deliver his judgment at 9am.

The defence closed its case on March 14 after calling Syed Saddiq and three other witnesses – Armada information chief Ulya Aqamah Husamudin, Syed Saddiq’s former special officer Mohamed Amshar Aziz, and former private secretary Siti Nurul Hidayah.

A total of 30 prosecution witnesses testified in the trial which started on June 21, 2022.

They included Syed Saddiq’s father, Syed Abdul Rahman Abdullah Alsagoff, his mother, Shariffah Mahani Syed Abdul Aziz, former Armada assistant treasurer Rafiq Hakim Razali and Malaysian Anti-Corruption Commission (MACC) investigating officers Nurul Hidayah Kamarudin, Syahmeizy Sulong, and Asbi Munip.

The case was conducted by deputy public prosecutors Wan Shaharudin Wan Ladin and Mohd Afif Ali, while lawyers Gobind Singh Deo and Haijan Omar represented Syed Saddiq.

On Oct 28, the High Court here ordered Syed Saddiq to enter his defence after the prosecution successfully established a prima facie case against him.

The former youth and sports minister was charged with abetting Rafiq, who was entrusted with RM1 million in Armada’s funds, to commit CBT by misappropriating the funds.

The offence was allegedly committed at CIMB Bank Bhd at Menara CIMB, KL Sentral here on March 6, 2020.

The charge was framed under Section 406 of the Penal Code, punishable by up to 10 years imprisonment, whipping and a fine, upon conviction.

On the second charge, Syed Saddiq is accused of misappropriating RM120,000 from Armada Bumi Bersatu Enterprise’s Maybank Islamic Bhd account by making Rafiq dispose of the money.

He allegedly committed the offence at Malayan Banking Bhd at Taman Pandan Jaya here between April 8 and 21, 2018.

The charge was framed under Section 403 of the Penal Code, punishable by up to five years imprisonment, whipping and a fine, upon conviction.

He is also facing two counts of money laundering, through transactions of RM50,000 each, believed to be proceeds from unlawful activities, from his Maybank Islamic Bhd account into his Amanah Saham Bumiputera account in a bank at Jalan Persisiran Perling, Taman Perling, Johor Bahru, on June 16 and 19, 2018.

The charges were framed under Section 4(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001, punishable by up to 15 years imprisonment and a fine of not less than five times the sum or value of the proceeds of an unlawful activity, upon conviction.

Syed Saddiq was charged in the Kuala Lumpur sessions court with the CBT and misappropriation of assets charges, and in the Johor Bahru sessions court with the other two money laundering charges.

The Johor Bahru sessions court then allowed the prosecution’s request to transfer the case to the Kuala Lumpur sessions court for all four charges to be jointly tried.

On Nov 25, 2021, Syed Saddiq was allowed to transfer the case from the sessions court to the High Court.

Stay current - Follow FMT on WhatsApp, Google news and Telegram

Subscribe to our newsletter and get news delivered to your mailbox.