Ex-GISBH CEO, employees’ money laundering representations rejected

The Attorney-General’s Chambers (AGC) has rejected the representations filed by former Global Ikhwan Services and Business Holdings (GISBH) CEO Nasiruddin Ali and three former employees over their money laundering charges.

“The prosecution will proceed with the trial,” deputy public prosecutor Ashrof Adrin Kamarul told Shah Alam sessions court judge Fatimah Zahari.

Ashrof said the prosecution would call on 15 to 20 witnesses during the trial, Kosmo reported.

Lawyer Rosli Kamaruddin then told the court that they would submit new representations for the AGC to consider, including an offer to pay a compound over the charges.

The court fixed Jan 26 for the AGC to decide on the new representations and set April 26, 27 and 28; June 28, 29 and 30; as well as July 6 and 8 for trial.

Nasiruddin is standing trial on 77 counts of money laundering amounting to RM10 million.

Hamimah Yakub faces 95 charges involving RM11.4 million while Asmat @ Asmanira Ramly faces 68 counts involving RM4.7 million and Khushairi Osman faces 91 counts involving almost RM12 million.

The offences were allegedly committed at bank branches across Selangor between 2020 and 2024, involving transactions to several parties, including accounts belonging to GISBH, GISB Mart Sdn Bhd, GISB Travel and Tours Sdn Bhd, as well as a childcare centre operator.

The charges under Section 4(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 are punishable by up to 15 years’ imprisonment and a minimum RM5 million fine, upon conviction.