00:01Businessman Nikki Liao's RM36 million money laundering case has been dropped by the prosecution,
00:07according to his lawyer Rajpal Singh.
00:09China Press reported that Rajpal said Liao had never been convicted of any offence and
00:15should not be treated as a criminal.
00:17Rajpal said the case was not linked to fraud or scam syndicates, as alleged by certain
00:22quarters, but involved an alleged failure to fully declare taxes to the Inland Revenue
00:27Board.
00:28He said the charges were dropped after Liao paid RM400,000 in outstanding taxes, although
00:34it remains unclear when the decision was made.
00:37Liao was charged in April 2022 with 26 counts of money laundering, involving RM36 million.
00:44He had previously spent about a year in hiding after police launched a crackdown on his alleged
00:50gang over suspected Macau scam activities.
00:53Liao was also charged in absentia with membership of an organised crime group.
00:57but was later granted a discharge not amounting to an acquittal.
01:02Jessalyn Kaur, FMT.
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