Malaysia: Money Laundering Charges Dropped

$7 Million USD "Compound" Levied

20 Feb 2022 by Local Press Report

A former Sabah water department deputy director who is facing multiple charges of money laundering has been given a discharge not amounting to acquittal (DNAA) by the special corruption court here today. Teo Chee Kong, one of four key suspects involved in the “Sabah watergate scandal”, one of the biggest corruption cases in the country, was facing 146 counts of money laundering charges involving RM32.93 million ($7.9 Million USD). The Malaysian Anti-Corruption Commission (MACC) opted not to proceed with the case but has, however, decided to impose a RM30 million compound against Teo, 58.

Source: Free Malaysia Today