KUALA LUMPUR, April 21 ― Ampang PKR Youth chief Datuk Adam Rosly Abdullah claimed trial today to six charges under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA).
Two of the charges were under Section 32(8)(C) of the AMLA ― also known as Act 613 ― in which he was accused of providing false information, and the remaining four charges were under Section 89 of the same law in which he allegedly furnished false documents to an anti-corruption officer with deliberate intention to deceive.
If found guilty, Adam could be sentenced to a maximum jail term of five years, a RM3 million for each offence, or even both.
Ahmad Akram Gharib who prosecuted had argued that bail be disallowed for Adam, adding that there is a possibility he might flee the country without facing charges.
However, Adam’s lawyer Ahmad Zaidi Zainal pleaded in mitigation for a lower bail amount, saying his client’s alleged offences were not as serious compared to others under the Act.
Ahmad Zaidi suggested bail at RM150,000, but was opposed by Akram who pressed for a higher amount, at RM400,000.
Sessions Court judge Allaudeen Ismail fixed bail at RM300,000 with one surety.
“The court allows for bail although originally, no bail is allowed for this case,” he said.
The judge also ordered Adam to surrender his passport to the court and said the latter may request for its return if he needs to travel.
Adam’s prosecution follows earlier speculation last year by political opponents about the source of his wealth.
At one point, Umno Sungai Besar division chief Datuk Seri Jamal Yunos even chartered a helicopter to accommodate several reporters as they sought an aerial assessment of Adam's house in Ampang, dubbed the “Disney” house by locals.
A report was subsequently filed with the MACC by Ampang Umno chief Datuk Ismail Kijo.
But Adam has denied the allegation, claiming his wealth came from hard work and business skills honed since he was young.