http://www.thesundaily.com/article.cfm?id=53050

SHAH ALAM (Oct 18, 2010): A company director who has been charged with 412 counts of money laundering at the Kuala Lumpur Sessions Court, was today slapped with 61 more counts of the same charge at the Shah Alam and Klang Sessions courts today, this time involving a total sum of RM43.7 million.

Lim Long Yew, 39, from Pasir Penambang, Kuala Selangor, pleaded not guilty in both courts after the charges were read out to him by a court interpreter.

In the Shah Alam Sessions Court, he was accused of 32 counts of money laundering involving a total sum of RM5.2 million.

He is alleged to have committed the crime at Public Bank Berhad, at No. 3, 4, 5, Jalan CKC 1, Batang Kali near here between Dec 15, 2008 and Oct 19, 2009.

Deputy Public Prosector Mohd Farez Rahman urged the court to set bail at RM300,000 with family members to be the sureties if the court felt bail was desirable and asked for the case to be tried together with the one at the Kuala Lumpur Sessions Court.

Lim, who was unrepresented, asked for the bail amount to be reasonable saying all his bank acounts had been frozen.

Judge Wan Mohd Norisham Wan Yaakob allowed the prosecution's application to transfer the case to the Kuala Lumpur Sessions Court and set bail at RM300,000 in one surety.

He also set Dec 17 as the new mention date for the case at the Kuala Lumpur Sessions Court.

Meanwhile, at the Klang Sessions Court, Lim was charged with 29 counts of money laundering involving a total sum of RM38.5 million at the same place between June 17, 2008 and Oct 19, 2008.

Mohd Farez pushed for bail to be set at RM800,000 but judge Slamat Yahya put it at RM500,000 in one surety and also allowed the case to be tried together with the others at the Kuala Lumpur Sessions Court.

He too set Dec 17 as the new mention date for this case at the Kuala Lumpur Sessions Court.

On Oct 13, Lim had pleaded not guilty in the Kuala Lumpur Sessions Court to 412 counts of money laundering involving a total sum of RM100.2 million.

He was allowed bail at RM1.2 million.

All the charges were under Sub-section 4 (1) (a) of the Anti-Money Laundering and Anti-Terrorism Act 2001, which provides for a mximum fine of RM5 million or jail up to five years, if convicted.