GISBH CEO and three ex-accountants will have 230 money laundering cases involving RM24.1 million heard together in Sessions Court
SHAH ALAM: All 230 money laundering cases involving GISB Holdings Sdn Bhd CEO Nasiruddin Mohd Ali and three former accountants will be jointly heard before Sessions Court Judge Fatimah Zahari.
The consolidation order came after Judge Awang Kerisnada Awang Mahmud allowed the prosecution’s application to combine cases previously heard before him and Judge Fatimah.
Deputy Public Prosecutor Mohd Ashrof Adrin Kamarul stated the consolidation would save time and costs for all parties involved.
“It will also facilitate the attendance of witnesses and the parties concerned, as well as assist in pre-trial preparations and ensure the smooth progress of the trial,” he said.
Defence lawyers Datuk Rosli Kamaruddin and Nurainaa Kamilah Zalizan, representing the accused, did not object to the application.
The court set January 29, 2025, for mention of the consolidated cases.
Nasiruddin, 66, and former accountants Hamimah Yakub, 73; Asmat @ Asmanira Muhammad Ramly, 45; and Mohd Khusairi Osman, 54, pleaded not guilty to all charges on September 10.
Nasiruddin faces 77 counts involving RM10,084,323.70, while Hamimah faces 59 charges involving RM2,145,357.62.
Asmat @ Asmanira faces 43 charges involving RM3,806,392.01, and Mohd Khusairi Osman faces 51 charges involving RM8,136,047.51.
All offences were allegedly committed at bank branches around Selangor between 2020 and 2024.
The transactions involved several parties including bank accounts belonging to GISBH, GISB Mart Sdn Bhd, GISB Travel and Tours Sdn Bhd, and a childcare centre.
They were charged under Subsection 4(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.
Upon conviction, they face imprisonment up to 15 years and a fine of not less than five times the value of illegal proceeds or RM5 million, whichever is higher. – Bernama
