Which law was invoked against the former teacher for money laundering?

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The Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 was invoked against the former teacher for money laundering.

A former kindergarten teacher pleaded not guilty to three counts of money laundering involving RM133,550. The charges were brought under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001, also known as Act 613.
Charges Under Section 4(1)(b) of Act 613

The specific legal provision invoked against the 50-year-old former teacher, identified as A. Venmani, was Section 4(1)(b) of Act 613. This section pertains to the receiving of proceeds from unlawful activities. The alleged offences occurred between January and February of the preceding year.
Allegations Involve Facilitating Child Relocation Scheme

The money laundering charges stem from Venmani allegedly receiving funds from a 39-year-old local woman. This woman had reportedly entrusted Venmani with facilitating her child's relocation to New Zealand, promising a better and more secure future. The total sum involved amounted to RM83,550 in cash, an additional RM50,000, along with two gold chains and a gold pendant.
Penalties Under the Act

If convicted under Section 4(1) of Act 613, the penalties are substantial. The law stipulates a maximum of 15 years' imprisonment and a fine of not less than five times the amount or value of the proceeds of the unlawful activity, or RM5 million, whichever is higher. These alleged transactions took place at various locations, including bank branches in Bandar Baru Rawang and Kota Kemuning, and a jewellery shop in Sri Muda, Shah Alam.

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Which law was invoked against the former teacher for money laundering?

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