Which section of the Anti-Money Laundering Act is Tawfiq Ayman investigated under?

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Tawfiq Ayman is Under Investigation Under Section 4(1) of the Anti-Money Laundering Act

Datuk Tawfiq Ayman, the husband of former Bank Negara Malaysia (BNM) governor Tan Sri Zeti Akhtar Aziz, is being investigated under Section 4(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001. This investigation follows reports of alleged receipt of funds linked to 1Malaysia Development Berhad (1MDB).
Investigation Papers Submitted to Attorney General's Chambers

Investigation papers concerning Datuk Tawfiq Ayman were submitted to the Attorney General’s Chambers (AGC) on October 21. The AGC subsequently ordered the police to undertake further actions and conduct additional investigations based on these papers.
Background of the Investigation

The investigations were initiated following a report by The Edge in February, which detailed that Singaporean police had informed BNM of suspicious transactions involving a company owned by Zeti's husband and son. This information was reportedly shared by Singapore's Commercial Affairs Department (CAD) with BNM in 2015 and 2016, during Zeti's tenure as governor.
Allegations Involving Iron Rhapsody Ltd

The information shared with BNM pertained to suspicious funds directed into a UBS bank account under the name of Iron Rhapsody Ltd. The Edge reported that this company was owned by Dr Tawfiq Ayman and another individual believed to be Zeti's son. Citing documents from CAD, Iron Rhapsody allegedly received a total of RM66 million through five transactions originating from companies and bank accounts associated with Low Taek Jho, a central figure in the 1MDB scandal.

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Which section of the Anti-Money Laundering Act is Tawfiq Ayman investigated under?

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