Latest news with #Suhaila
New Straits Times
a day ago
- Business
- New Straits Times
XFOX scandal: Datuk, four others claim trial over illegal deposits
SHAH ALAM: Five individuals, including a woman with the title of 'Datuk', were charged today at a Sessions Court with illegal deposit taking and money laundering over four years. Datuk Suhaila Semaru, 41, her sister, Suraya Semaru, 37, brothers Muhammad Wahbah Az-Zuhaili Mohd Ariffin, 33, Muhammad Syaabil Ajwad Mohd Ariffin, 26, and Mohamad Noor Syauqi Shafiee, 30, pleaded not guilty and requested for trial when the charges were read to them separately in front of judge Muhamad Anas Mahadzir. Suhaila, as XFOX Market Sdn Bhd director, faces 22 counts of receiving, obtaining, and possessing an estimated RM13 million from the illegal activities, while Suraya, as chief executive officer, faces 10 charges of obtaining, possessing, and transferring a total of RM11.1 million in funds. Mohamad Noor Syauqi is charged with obtaining and possessing RM2.5 million from illegal activities, Muhammad Wahbah Az-Zuhaili faces seven charges of receiving, obtaining, and using RM10.3 million, while Syaabil Ajwad faces seven charges of receiving and one charge of disposing of RM58 million in funds from illegal activities. They allegedly committed the offences under Section 4(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001, punishable under subsection 4(1) of the same Act, at various bank branches around Shah Alam, Petaling Jaya, and Subang between November 2021 and July last year. At the same proceeding, Suhaila, Suraya, and Mohamad Noor Syauqi pleaded not guilty to another charge of agreeing to accept deposits from the public without a valid licence. They are charged with committing the offence at the XFOX office in Subang Bestari from Nov 12, 2021, to July 30, 2024, under subsection 137(1) of the Financial Services Act 2013, read together with subsection 249(1)(a) and punishable under Section 137(2) of the same Act. The prosecution, led by Nurdeenie Abd Rashid and Megat Mahathir Megat Tharih Afendi, suggested RM1 million in bail for all the accused with the condition that they surrender their passports, while lawyer Mohd Haziq Dhiyaudin Razali requested a reduction, pointing out that his clients cooperated fully with Bank Negara Malaysia during the investigation and had no risk of flight.
The Sun
a day ago
- Business
- The Sun
Datuk and four others charged with illegal deposit taking in Shah Alam
SHAH ALAM: Five individuals, including a woman holding the title of Datuk, were charged today at the Sessions Court for illegal deposit taking and money laundering activities spanning four years. The accused – Datuk Suhaila Semaru, 41, her sister Suraya Semaru, 37, brothers Muhammad Wahbah Az-Zuhaili Mohd Ariffin, 33, Muhammad Syaabil Ajwad Mohd Ariffin, 26, and Mohamad Noor Syauqi Shafiee, 30 – pleaded not guilty before Judge Muhamad Anas Mahadzir. Suhaila, as director of XFOX Market Sdn Bhd, faces 22 counts of receiving, obtaining, and owning approximately RM13 million from illegal activities. Suraya, the company's CEO, is charged with 10 counts involving RM11.1 million. Mohamad Noor Syauqi is accused of obtaining RM2.5 million, Muhammad Wahbah Az-Zuhaili faces seven charges involving RM10.3 million, and Syaabil Ajwad is charged with seven counts of receiving and one count of disposing RM58 million in illicit funds. The offences, allegedly committed between November 2021 and July 2023, fall under Section 4(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001. Additionally, Suhaila, Suraya, and Mohamad Noor Syauqi face another charge for accepting public deposits without a valid licence under the Financial Services Act 2013. Prosecutors proposed RM1 million bail for each accused, but the court reduced it to RM100,000 with conditions including passport surrender. The case will be re-mentioned on August 6.
The Star
a day ago
- Business
- The Star
Five, including a datuk, charged with illegal deposit taking
SHAH ALAM: Five individuals, including a woman with the title of 'Datuk', were charged with taking deposits without a valid license and money laundering for four years at a Sessions Court on Tuesday (July 1). Datuk Suhaila Semaru, 41, her sister, Suraya Semaru, 37, brothers Muhammad Wahbah Az-Zuhaili Mohd Ariffin, 33, Muhammad Syaabil Ajwad Mohd Ariffin, 26, and Mohamad Noor Syauqi Shafiee, 30, plead not guilty and requested for trial when the charges were read to them separately in front of Judge Muhamad Anas Mahadzir. Suhaila as XFOX Market Sdn Bhd director faces 22 counts of receiving, obtaining and owning an estimated RM13mil from the illegal activities, while Suraya as chief executive officer faces 10 charges of obtaining, owning and transferring a total of RM11.1mil in funds. Mohamad Noor Syauqi is charged with obtaining and owning RM2.5mil from illegal activities, Muhammad Wahbah Az-Zuhaili faces seven charges of receiving, obtaining and using RM10.3mil, while Syaabil Ajwad faces seven charges of receiving and one charge of disposing of RM58mil of funds from illegal activities. They allegedly committed the offences under Section 4(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001, punishable under subsection 4(1) of the same Act, at various bank branches around Shah Alam, Petaling Jaya and Subang between November 2021 and July last year. At the same proceeding, Suhaila, Suraya and Mohamad Noor Syauqi pleaded not guilty to another charge of agreeing to accept deposits from the public without a valid licence. They are charged with committing the offence at the XFOX office in Subang Bestari from Nov 12, 2021 to July 30, 2024, under subsection 137(1) of the Financial Services Act 2013, read together with subsection 249(1)(a) and punishable under Section 137(2) of the same Act. The prosecution, led by Nurdeenie Abd Rashid and Megat Mahathir Megat Tharih Afendi, suggested RM1mil in bail for all the accused with the condition that they surrender their passports while lawyer Mohd Haziq Dhiyaudin Razali requested a reduction, pointing out that his clients cooperated fully with Bank Negara Malaysia during the investigation and had no risk of flight. Muhamad Anas allowed bail of RM100,000 for each of the accused with the condition of one surety and that their passports would be surrendered till the end of the case and set case re-mention for Aug 6. - Bernama
