Malaysia

Syed Saddiq claims trial to laundering RM100,000

Muar MP faces 15 years behind bars, massive fine; case transferred from Johor to KL court

Updated 5 years ago · Published on 05 Aug 2021 9:50AM

Syed Saddiq claims trial to laundering RM100,000
Muda co-founder Syed Saddiq Syed Abdul Rahman is accused of misappropriating Bersatu funds during his time as the party’s Youth chief. – The Vibes file pic, August 5, 2021

JOHOR BARU – Syed Saddiq Syed Abdul Rahman today pleaded not guilty at the sessions court here to two counts under the Anti-Money Laundering and Anti-Terrorism Financing Act 2001.

The Muar MP is accused of misappropriating RM100,000.

If found guilty, he faces a jail term of up to 15 years and a fine of not less than five times the amount of the misappropriated funds, or RM5 million, whichever is higher.

The case has been transferred to the Kuala Lumpur sessions court.

Syed Saddiq, formerly of Bersatu, has alleged that his rival Wan Ahmad Fayhsal Wan Ahmad Kamal, who took over as the party’s Youth chief, persuaded him to support Prime Minister Tan Sri Muhyiddin Yassin.

The revelation follows Wan Fayhsal’s accusation that Syed Saddiq misappropriated Bersatu funds when he was still with the party.

“If I am so evil as to steal Armada funds, why meet me before I am charged (to convince me) to support the prime minister?” said Syed Saddiq.

“Truth will prevail. Enjoy your ‘surat sokongan’ (support letter) while it lasts.”

Syed Saddiq, who co-founded the youth-based Muda after leaving Bersatu, was responding to a tweet in which Wan Fayhsal said the former had “swept” away money belonging to the wing.

In the same tweet, Syed Saddiq is also accused of not keeping financial records and being unable to explain the spending.

Today’s charges are in addition to the MP’s July 22 charges in Kuala Lumpur for allegedly misappropriating RM1 million belonging to Bersatu.

He is accused of having done so via a CIMB Bank cheque at the bank’s branch at KL Sentral on March 6 last year without obtaining permission from the Bersatu supreme council.

Syed Saddiq was also charged with misusing a RM120,000 donation for the 14th general election campaign between April 8 and 21, 2018. The funds were collected via a Maybank Islamic account owned by Armada Bumi Bersatu Enterprise.

For both accusations, he was charged under Section 405 of the Penal Code, which carries a maximum 10 years’ imprisonment, caning and a fine upon conviction. – The Vibes, August 5, 2021

Related News

Malaysia / 1mth

Guan Eng, wife, businesswoman to stand trial for corruption linked to RM11.6m project

Malaysia / 4mth

Op Viking: Victor Chin was once arrested for money laundering

Malaysia / 5mth

Prosecution does not object to Ahmad Zahid's release application

Malaysia / 1y

MACC probing ‘Tan Sri’ for alleged money laundering

Malaysia / 1y

Ex-Sarawak welfare officer gets 468 years jail, RM180m fine, three strokes for embezzling RM16m

Malaysia / 2y

[UPDATED] Syed Saddiq steps down as Muda president

Spotlight

Malaysia

Teacher arrested after allegedly assaulting 14-year-old student and slapping his mother

Malaysia

Untreated mental illness worsened teen’s condition, court hears

Malaysia

Anwar cherishes heartfelt painting gifted by child at Negeri Sembilan event

Malaysia

Rocky’s death: I had no intention to harm any animal – says man at the centre of storm

By Alfian Z.M. Tahir

Malaysia

Inspector, policewoman plead guilty to khalwat

Malaysia

SARA aid may be expanded to put healthier food within reach of all Malaysians

Malaysia

Rescue efforts ongoing after fisherman finds cats abandoned off Pulau Ketam (video)

By Alfian Z.M. Tahir

Malaysia

Kelana Jaya LRT train breaks down, passengers stranded on tracks (video)

By Alfian Z.M. Tahir

You may be interested

Malaysia

Anwar expected to leave hospital today after successful treatment

Malaysia

Najib raises objections to 80% of ex-1MDB CEO’s witness statement over hearsay

Malaysia

To leave or to stay? Penang and Kedah DAP remain undecided

By Ian McIntyre

Malaysia

High Court strikes out disputed passage linking Najib to Jho Low

Malaysia

Grandmother charged with murdering step-granddaughter

Malaysia

Inspector, policewoman plead guilty to khalwat

Malaysia

Constable held after RM18,534 worth of drugs found in Lumut police lock-up

Malaysia

Rocky’s death: I had no intention to harm any animal – says man at the centre of storm

By Alfian Z.M. Tahir