Kota Kinabalu: A 29-year-old furniture supplier pleaded not guilty in the Sessions Court here to a charge of directly dealing with an unlawful transaction involving RM16,400 through his own bank account.
Elson Madus entered the plea before Sessions Court Judge Hurman Hussain.
He was accused of committing the offence at Maybank in Karamunsing here at 1.29pm on March 18 this year.
The charge, under Section 424C(1) of the Penal Code, carries imprisonment of between three and 10 years, a fine of between RM10,000 and RM150,000, or both, upon conviction.
The court fixed Nov 25 for mention to enable the relevant documents to be served.
Elson was released on RM5,000 bail in two local sureties and ordered to report to the nearest police station once every two weeks until the disposal of the case.
Earlier, the prosecution had proposed bail of RM15,000 with several conditions.
Elson, who was unrepresented, asked for a reduction in the bail amount and informed the court that he would engage a counsel.
Deputy Public Prosecutor Bryan Francis appeared for the prosecution.
