The number of accusations against former prime minister Tan Sri Muhyiddin Yassin now stands at seven after he entered a not guilty plea to a new money-laundering charge involving RM5 million in allegedly fraudulent funds.
Muhyiddin was accused of receiving RM5 million in illegal activity gains from Bukhary Equity Sdn Bhd while serving as president of Bersatu. The money is believed to have been transferred into the party's AmBank account at the bank's Amcorp Mall office in Petaling Jaya on January 7, 2022.
If proven guilty Muhyiddin Yassin is potentially facing maximum punishment is a 15-year prison sentence and a fine of up to five times the amount or value of the illegal activity's revenues, or RM5 million, whichever is larger.
Source: Malaysia Now