Former Federal Land Development Authority (FELDA) Chairman Tan Sri Shahrir Abdul Samad and former International Trade and Industry Minister Datuk Seri Ahmad Maslan were arrested on January 21 by the Malaysian Anti-Corruption Commission (MACC) for charges of money laundering.
The former executives pleaded not guilty and claimed trial to the case over illegally obtaining RM1 million.
Reports said that they were among the 80 individuals and companies who allegedly benefited in the suspicious money transactions linked to 1Malaysia Development Berhad (1MDB).
According to the authorities, both of them will face Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act of 2001 at the Kuala Lumpur Sessions Court.
Shahrir was charged with one count while Ahmad will be hit with two charges under said laws.
Meanwhile, the chairman of Education Malaysia Global Services (EMGS) Datuk Abdul Rahman Mohamed Shariff was separately charged with money laundering on January 20.
He allegedly transferred the cash amounting to RM150,000 from Mudra Resources Sdn Bhd to his account through illegal means.
Records showed that Abdul Rahman committed the crime at a bank in Johor Baru on Dec 24, 2018.
The chairman of the Education Ministry-operated EMGS also faces criminal breach of trust charges in Kuala Lumpur.
Malaysian law states that whoever is convicted of money laundering shall be liable to imprisonment for a term not exceeding 15 years and a fine of not less than five times the sum or value of the proceeds of the unlawful activity or instrumentalities of the offense at the time it was committed or RM5 million.
