The Hollywood producer was granted a discharge not amounting to an acquittal by the Kuala Lumpur Sessions Court today. FMTNews RizaAziz
Hollywood producer Riza Aziz had been charged with five counts of money laundering amounting to US$248 million.
The Malaysian Anti-Corruption Commission said Riza’s discharge was a conditional release, reserving the prosecution the right to reinstate the charges should the agreement not be satisfactorily completed. “Based on the agreement, the accused is required to pay a compound to the government under Section 92 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 which is punitive as an alternative to the charges that have been brought against him,” it said in a statement.
Ruiza claimed trial in July 2019 to the money laundering charges allegedly involving funds received from Good Star Ltd and Aabar Investments PJS Ltd.
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