Malaysia

Ikram Malaysia member used ill-gotten gains to pay for bungalow, Porshe, Lexus

All the offences were allegedly committed at two banks in Bangsar and Bukit Bintang between January 6, 2021 and April 21, 2025.

Updated 2 hours ago · Published on 25 Jun 2026 10:11AM

Ikram Malaysia member used ill-gotten gains to pay for bungalow, Porshe, Lexus
Fakhrudin Abd Karim, 57, made the plea after all charges were read before Judge Azrul Darus. - June 25, 2026

A MEMBER of the non-governmental organisation (NGO), Pertubuhan Ikram Hulu Selangor, pleaded not guilty at the Sessions Court today to 17 charges of money laundering, including paying for a bungalow and six luxury cars, including two Porsches and a Lexus, worth nearly RM18 million between 2021 and 2025.

Fakhrudin Abd Karim, 57, made the plea after all charges were read before Judge Azrul Darus.

According to all charges, the man was charged with using proceeds from illegal activities, amounting to RM17,997,671.21.

This was made for four payments for a bungalow house (RM10,542,650.10), three payments for the accused's credit cards (RM2,660,236.59) and 10 payments for his six vehicles, namely a Mercedes-Benz AMG S63, a Land Rover Range Rover SVA-BIO V8 SC, a Toyota Alphard S-C Package, two Porsches and a Lexus RX300 (RM4,794,784.52).

The transfer was made through a transaction from Ehsan Cares Solution's bank account to three other company accounts and one Visa Platinum credit card belonging to the accused, as well as another from the accused's account to a company's account for the payment of a Porsche.

The payment for the Lexus RX300 vehicle was made via a cheque from Fakhrudin's bank account to another company's account.

All the offences were allegedly committed at two banks in Bangsar and Bukit Bintang between January 6, 2021 and April 21, 2025.

Each charge was brought under Section 4(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.

The section provides for a maximum imprisonment of 15 years and a fine of not less than five times the amount or value of the proceeds of illegal activities or RM5 million, whichever is higher, if convicted.

On June 16, he was charged at the Shah Alam Sessions Court, on 158 counts of using his position for bribery totalling RM98,270,315.20. - June 25, 2026

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