Former MD gets six years’ jail for cheating, money laundering

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KUALA LUMPUR: A former managing director of a logging company was sentenced to six years’ jail and three strokes of the rotan by the Sessions Court here yesterday after he was found guilty of cheating Bangkok Bank of RM4.5 million and 50 counts of money laundering.Ibrahim Salleh, 46, from Ampang was sentenced to three years’ jail and three stokes of the rotan for cheating Bangkok Bank, five years ago. He was sentenced to three years’ jail on each of 50 counts of money laundering, the sentences to run concurrently.

Judge Rozana Ali Yusoff ordered the sentences for cheating and money laundering to run separately. The judge said Ibrahim failed to raise a reasonable doubt on the persecution’s case where 27 witnesses testified.

Ibrahim Salleh, who is now Jalinkom Sdn Bhd chairman, was alleged of defrauding Bangkok Bank of RM4.5 million for the delivery of timber and 50 counts of money laundering, both in 2005.

Rozana granted a stay of execution to allow the defence to file an appeal at the High Court. — Bernama