Tan Sri S Balakrishnan Charged with Laundering RM6M

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Ex-MIC VP pleads not guilty.

Former MIC vice-president S Balakrishnan claimed trial in the Johor Bahru Sessions Court today to two counts of money laundering, involving withdrawal transactions for RM6.012 million, between 2012 and 2013.

On the first count, Balakrishnan, as a representative of Sinniyah & Sons Sdn Bhd, was alleged to be involved in money laundering activities by making withdrawal transactions for a total of RM6.012 million, believed to be proceeds from illegal activities, from the company’s bank account at Bank Affin Berhad.

The second charge, involving the same offence and for the same amount, was made in his capacity as a director of Sinniyah & Sons Sdn Bhd.

Both the offences were committed at Bank Affin Berhad, Jalan Kebun Teh in Johor Bahru between June 12, 2012, Sept 5, 2013.

The charges against him were filed under Section 4(1)(a) of the Anti-Money Laundering Act, Anti-Terrorism Financing Act and Proceeds of Unlawful Activities Act (Amla) 2001.

Balakrishnan, who was MIC vice-president from 2013 until 2015, faces a fine of not more than RM5 million or imprisonment for up to five years if found guilty.

DPP Khazrin Hafiz Khalil from MACC prosecuted, while lawyers V Manukaran and N Yuhendra represented Balakrishnan.

Judge Jailani Rahman allowed the prosecution’s request for the case to be transferred for hearing at the Kuala Lumpur Sessions Court, where Balakrishnan has another case which had been set for trial this Sept 3.

The case was over false claims of nearly RM13 million allegedly made by Balakrishnan, 64, in connection with the Sungai Melaka beautification and restoration project in 2013.