What portion of the transfers allegedly came from illegal activities?

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Alleged Illegal Funds Total RM1.7 Million, with RM628,499 Transferred from Savings

An assistant manager at a luxury watch shop has pleaded not guilty to 44 charges related to receiving and transferring money linked to illegal activities, with the total alleged loss amounting to RM1.7 million. The prosecution contends that Miki Oshiro received RM1.7 million from a customer and subsequently transferred RM628,499 from his personal savings account to various individuals and companies.
Nature of Charges Under Anti-Money Laundering Act

The charges against Miki Oshiro are framed under Paragraph 4(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001. This legislation carries severe penalties, including a maximum prison sentence of 15 years and a fine that could be up to five times the value of the proceeds of the illegal activities or RM5 million, whichever is higher, upon conviction.
Alleged Transactions Occurred Over Three Months

The alleged offenses are reported to have taken place between October 5, 2024, and January 3, 2025. These transactions, involving the transfer of funds from Oshiro's savings account to other parties, were reportedly conducted at two different banks located in Damansara Utama, Petaling Jaya.
Bail Set at RM105,000 with Reporting Condition

Following his plea, the court granted Oshiro bail amounting to RM105,000 with one surety. An additional condition was imposed requiring him to report to the Bukit Aman Money Laundering Criminal Investigation Division (AMLA) once a month until the case is resolved. The court also set February 27 for the mention of the case.

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What portion of the transfers allegedly came from illegal activities?

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