296 cases of money laundering

On June 25, 2008, Daniel Choong Yew Chee faced the Sessions Court. Daniel Choong Yew Chee is a man charged with 296 cases of money laundering, which is the biggest number of charges ever faced by one person.

The 40-year-old director of G-Gold Gallery Sdn Bhd, was charged with laundering a total of RM54 million of illegal proceeds. This was in addition to the 94 similar money laundering charges involving RM23.3 million slapped against him at the Ipoh Sessions Court on June 23. He claimed trial to all charges.

The cases of money laundering were allegedly committed between December 2004 and May 2006 at the G-Gold Gallery office.

If found guilty under the Anti-Money Laundering and Anti-Terrorism Financing Act 2001, Choong can face up to 5 years in prison, RM5 million fine or both.

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