SHAH ALAM: An asset manager of an oil and gas company and his wife were charged today with 18 counts of bribery and money laundering involving RM1.17 million between 2018 and 2019.
Len Chia Whey, 37, and Tong Karen, 36, pleaded not guilty to all offences before Judge Rozilah Salleh.
Len was charged with accepting cash of RM232,593 through a middleman as an inducement to help KK Choong Synergy Sdn Bhd secure four oil pumping subcontract projects in Melaka, Selangor, and Johor.
He was alleged to have committed the offence at his house in Setia Eco Glades, Cyberjaya, on May 24, 2019.
The charge carries a maximum jail term of 20 years and a fine not less than five times the amount of the bribe or RM10,000, whichever is higher.
Len was also charged with money laundering totalling RM757,986 which was deposited into his accounts at six banks, as well as in foreign currencies including pound sterling, euro, yen, yuan, Hong Kong dollar, kronur, peso, rupiah, baht, as well as US and Singapore dollars.
His wife, Karen, was charged with five counts of money laundering involving RM188,000.
The charge carries a maximum jail term of 15 years and a fine of five times the value of the proceeds of the unlawful activities or RM5 million, whichever is higher.
The court allowed Len bail of RM90,000, and Karen, RM30,000, with one surety each. -FMT
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.