PETALING JAYA: Abu Sahid Mohamed, the executive chairman of Maju Holdings Sdn Bhd, has been charged with criminal breach of trust (CBT) involving RM313 million in funds as well as laundering some RM139 million.

All 17 charges are linked to the Maju Expressway Extension (MEX II) project, Utusan Malaysia reported.

Abu Sahid, who was in a wheelchair, claimed trial to the four CBT charges and 13 money laundering charges before Kuala Lumpur sessions court judge Suzana Hussin.

The 74-year-old was charged with committing the CBT offences by misusing over RM313 million in Maju Holdings funds between 2016 and 2019.

The charges under Section 409 of the Penal Code are punishable by two to 20 years in prison, whipping and a fine, upon conviction.

Abu Sahid was also charged with laundering over RM139 million in proceeds from illegal activities through multiple transactions to individual and company bank accounts, also from 2016 to 2019.

The charges were framed under Section 4(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001, which provides for up to 15 years in prison and a minimum RM5 million fine, upon conviction.

Deputy public prosecutor Ahmad Akram Gharib proposed bail of RM1.5 million and the surrender of Abu Sahid’s passport.

Senior lawyer Hisyam Teh Poh Teik, representing Abu Sahid, agreed to the proposed amount and conditions.

The judge fixed bail at RM1.5 million and set Nov 3 for case mention.

wonder why no official charges against Atok ? Tabik spring ! Unlike some who ended up in Jail ..

No surprise as are all political linked.

Politics leader employed businessman to do help turn those money to be fresh.

I guess someone is going to go to hospital again very very soon.

Embezzle hundreds of millions

Denda oni 5 mil

Thats good ROI

Because atuk got money to cuci using madani ‘got moneh, just pay so no jail ‘ card

TS why not add the link to the source article?

is this a ikan bilis or ikan jenehak or ikan whale ?

If guilty, just execute.

and tabung haji lost RM200 millions in this process ?

so nice type M didnt even make noise.

Atok hands are clean. That's why he has so many cronies.

Atok make you rich, then u need to obey to atok. That's how the game play.
Atok does not need to owned a private jet. His cronies have it and atok just make a call, jet is ready for him, aka 'pinjam'.

We jealous sebab we not shortlisted as crony.
Ada chance I also hope i can be one of the crony; a clean 1 that deliver results.

Atok for pm!

Lol

Couple hundred million is pittance. Got much more haven't found out only.

Double post.

This post has been edited by ameliorate: Sep 8 2025, 02:32 PM

This company again.
Ada hati nk takeover PLUS highway somemore last time.

most only jelly why it's not them

Should have named him Abu Jahal instead.

in madani, if gulity just pay to cuci

Hello Dr Akmal....

looking at madani's track record i don't expect any vip to go jail

vip so far going jail during madani = 0

i don't expect this record to be broken