Businessman charged with receiving more than RM515,000 in stolen property

MUAR – A businessman pleaded not guilty in the Magistrate’s Court here today to 10 counts of receiving stolen property involving more than RM515,000 belonging to an elderly woman.

Mohd Fairus Md Noor, 36, was charged with dishonestly receiving the money amounting to RM515,523.80 belonging to Manjeet Kaur Syran Singh, 72, through 10 transactions at CIMB Bank Berhad, Jalan Sulaiman here between Nov 21, 2018, and Dec 26, 2019.

The money was alleged to be in a CIMB Bank account registered in the name of Mohd Fairus who knew and had reason to believe that the money was stolen property.

The charge was framed under Section 411 of the Penal Code which carries a prison sentence of up to five years or with a fine or both, upon conviction.

Magistrate Fatin Dalilah Khalid allowed Mohd Fairus bail of RM17,000 for all charges with one surety and fixed Jan 14 for mention for submission of documents and the appointment of a lawyer.

Deputy Public Prosecutor Putera Amirool Faez Suhasi prosecuted, while lawyer Nor Hafizah Abdullah, from the National Legal Aid Foundation (YBGK), represented the accused. – BERNAMA