Two of Director of Buluhmas were Charged because of Money Laundering

By On October 23, 2009 · 1 Comment

To all Buluhmas member and agent. I guess you need to read this. Its really sad news but we need to know something about this issue. Seems it still not have any news from BNM but 2 of Buluhmas Director were charged because of money laundering, involving RM22 million. Anyway, just read this..

KLANG, Oct 22 (Bernama) — Two directors of Buluhmas Enterprise Sdn Bhd were charged in two Sessions Court here on Thursday with 69 counts of money laundering, involving RM22 million.

Ame Hamzah Mat Atar, 51, and his son, Azmi Ame Hamzah, 26, claimed trial to all the charges, allegedly committed between March 3, 2008 and Jan 6 this year.

They are alleged to have used the money from ill-gotten gains to buy Bank Simpanan Nasional premium saving certificates, unit trusts, shoplots in Kedah and Terengganu, pay deposit for purchase of luxury vehicles and a bungalow in Terengganu.

Azmi, who is the sole proprietor of Buluhmas Enterprise, is also charged with two counts of illegal deposit taking.

The offence is alleged to have been committed at Taman Raden Jaya, Kuala Selangor, between Dec 14, 2006 and Oct 13, 2008.

The charges were read before judge Yong Zarida Sazali, who then allowed Azmi bail of RM200,000 in two sureties for all the charges.

Azmi was also ordered to surrender his passport and to report to the Tanjung Karang police station on the first of every month.

Meanwhile, in another court, judge Datuk Anita Harun allowed Ame Hamzah bail of RM350,000 in one surety after he pleaded not guilty to money laundering and to report to the Tanjung Karang police station on the first of every month pending disposal of the case.

So, what you can see and what we can do now? BNM still not say anything about Buluhmas even its already more than 3 month. Might be it takes more than that. So, we will see if this money laundering issue will make Buluhmas ending their business or not. You can read some news about Buluhmas at this few articles:

1. Cek Pertama dari Buluhmas
2. Edisi Siasat: Buat Duit dengan Buluhmas
3. Cek Kedua dari Buluhmas
4. Buluhmas disyaki mengambil deposit tanpa lesen

Credit to Bernama

Ps: Its true or not, i don’t care. If that director is guilty or not. I don’t care. I want to see a result. Thats all.