Did Rajan leave payee details blank when issuing cheques, and why is that significant?

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Rajan Confirmed Leaving Payee Details Blank on Cheques Issued for Currency Exchange

Retiree T. Rajan testified that he consistently left the payee details blank on cheques he issued to a money changer for currency conversion purposes. This practice was his established method for dealing with the money changer when converting Malaysian ringgit to foreign currency, such as Australian dollars. He explained that he only filled in the date, the amount, and his signature, deliberately leaving the payee section empty.
Cheques Issued Without Specific Payee Information

Rajan elaborated on his routine when converting currencies. He stated that he would issue cheques with the date, amount, and his signature, but crucially, without specifying a payee. This was his standard procedure when engaging with the money changer for transactions.
Practice Aimed at Avoiding Bank Reporting Thresholds

The witness revealed that he divided the total sum into five separate cheques to circumvent the internal reporting systems of banks, which typically flag large transactions. These five cheques, issued on July 15, 2016, amounted to a total of RM366,000.
Cheques Credited to Alleged Proxy Accounts

Although intended for currency exchange, these cheques were ultimately credited into accounts identified as supposed proxy accounts belonging to Datuk Seri Ahmad Zahid Hamidi. Rajan only became aware of this discrepancy approximately two weeks later when the bank contacted him to verify the transactions.

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Did Rajan leave payee details blank when issuing cheques, and why is that significant?

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