Government of Malaysia to amend Anti-Money Laundering Act
On October 28, several Malaysian parliamentarians called on the government to amend the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 in order to limit the powers of agencies and enforcement officers. Their powers are should be limited with a view to prevent the possibility of power misuse and power abuse.
When debating the 2010 Supply Bill, Datuk Ismail Kasim said that there was a possibility that the act could be used for maltreating people and could be used unfairly.
Several other parliamentarians, including Datuk Bung Moktar Radin, supported his view that, in accordance with the policy of ‘grounds for suspicion’, different assumptions could be made that make it possible for criminal element and maltreatment of the person suspected.