More charges slapped on ex-company manager

PETALING JAYA: A former senior manager of a Johor-based international trading company who was charged with siphoning more than RM101 million in March last year was charged with 13 counts of money laundering amounting to RM500,000 again today.
Following investigations by the Malaysian Anti-Corruption Commission (MACC), Foo Tseh Wan, 39, claimed trial to all charges when they were read out to him in front of Sessions Court judge Mohd Fauzi Mohd Nasir.
Foo, who was a former senior manager of Toyota Tsusho (M) Sdn Bhd in Johor Baru, was charged with receiving RM500,000 from 13 transactions into his two bank accounts from the JB Advance Plastic Marketing Sdn Bhd company.
He is charged with receiving the money between Feb 6, 2015 and June 3, 2015.
Foo was charged with committing the offence at Maybank, Tampoi branch, at Jalan Bahagia, Taman Bahagia, Tampoi and a UOB bank account at UOB Taman Ponderosa, Johor Baru between the said period.
He was charged under Section 4(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (Act 613/Akta 613) which carries a jail term of up to 15 years or a fine up to five times of the graft amount or RM5 million, whichever is higher.
MACC deputy public prosecutor Mahadi Abdul Jumaat prosecuted.
Mohd Fauzi set bail at RM50,000 in one surety and instructed the accused to surrender his passport to the court. He fixed March 5 for case management.
The accused was represented by Datuk Hisham Kamarudin.
The charges today will run concurrently with the charges from his previous case with the hearing set for May 22 this year.
On March 8 last year, he was charged in Johor Baru with 115 counts of making false claims amounting to RM101.64 million for the purchase of plastic resin products between December 2014 and May 2015.
The charges for the case stated that Foo did not obtain proper approval for 115 purchasing orders of resin worth a total of RM101.64 million that were obtained from three other companies.
The three companies included two that were linked to Foo's brother.
He committed these offences at Menara MAA in Jalan Dato Abdullah Tahir here between Dec 19, 2014, and May 7 2015.
He faces up to 20 years in prison and a fine of not less than five times the amount involved or RM10,000, whichever is higher for this case.
MACC deputy chief commissioner Datuk Azam Baki revealed that Foo was arrested on Sunday before he was brought to court today.