Former TH Heavy Engineering Bhd chief executive officer Datuk Nor Badli Munawir Mohamad Alias Lafti was charged in Malaysia’s Sessions Court with three counts of money laundering involving RM1.57m ($350,000).
Nor Badli Munawir was charged with money laundering by accepting cash of from Bicara Sepakat director Murhasmee Mukhtar, Syarikat Coral Intoil director Mohd Razip Mohammad, and Syarikat RL Offshore director Hanaffi Daud.
Nor Badli, who pleaded not guilty, could face a maximum fine of RM5m ($1.12m) or imprisonment not exceeding five years or both, if convicted.
The prosecutor from the Malaysian Anti-Corruption Commission (MACC) offered RM200,000 ($44,800) bail for Nor Badli. The judge has arranged the next hearing of the case for March 15.
