A bank officer told the High Court that a Suspicious Transaction Report (STR) was filed to Bank Negara Malaysia after RM19.3 million was deposited into an account belonging to Malaysian United Indigenous Party. The report was lodged after the bank detected unusually large inflows of funds into the account.
RM19.3 Million Deposited Into Bersatu Account Reported to Bank Negara Malaysia
According to testimony from a financial manager at CIMB Islamic Bank’s KL Sentral branch, the funds were deposited through 28 separate transactions between Aug 24, 2021 and Nov 11, 2022. Of that amount, RM4 million was reportedly deposited via cheques from businessman Datuk Azman Yusoff, while RM1 million came from Mamfor Sdn Bhd.
The testimony was presented during the corruption trial involving former prime minister Muhyiddin Yassin, who faces several charges related to abuse of power and money laundering. During questioning by deputy public prosecutor Datuk Wan Shaharuddin Wan Ladin, the witness said banks do not have the authority to block deposits made into an account but can report suspicious transactions to regulators.
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