By CHAN LI LEEN
lileen@thestar.com.my
IPOH: Four directors of gold investment scheme operator Bestino Golden House Sdn Bhd claimed trial separately in a Sessions Court here to 322 counts of money laundering involving RM156.25mil.
Chong Yuk Ming, 49, Goon Koon Lee, 48, Chang Kuei Geh, 57, and Ho Chee Cheong, 41, pleaded not guilty to accepting and utilising illegal proceeds as well as transferring the money to local and foreign financial institutions between July 9, 2006, and Sept 21, 2008.
They were charged under Section 4(1) of Anti-Money Laundering and Anti-Terrorism Financing Act with Chong facing 52 of the total charges, Goon 102, Chang 114 and Ho 54.
The offence under the Act carries a maximum RM5mil fine or five years’ jail or both, upon conviction.
In the dock: Three of the four directors (from left) Goon, Chong and Ho being led to the courtroom of the Sessions Court in Ipoh yesterday.
http://www.publicgoldsarawak.com/ver2/2011/02/24/four-bestino-bosses-charged-with-money-laundering/
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