Tan Sri Abu Sahid Charged with CBT and Money Laundering Involving Over RM450 Million

KUALA LUMPUR, Sept 8 — Maju Holdings Sdn Bhd director, Tan Sri Abu Sahid Mohamed, was brought before the Sessions Court here today to face four charges of criminal breach of trust (CBT) involving RM313 million and 13 charges of money laundering totaling RM139 million.

The charges are linked to the proposed construction of the Putrajaya–Kuala Lumpur International Airport (KLIA) Expressway (MEX II), which was intended to connect from the Putrajaya Interchange to KLIA under Maju Holdings.

Sri Abu Sahid Charged

Abu Sahid, who appeared in court in a wheelchair due to health issues, pleaded not guilty to all charges when they were read separately by the court interpreter before Judge Suzana Hussin.

“Understood… not guilty,” he responded each time to the charges.

Maju Holdings is the concessionaire of the Maju Expressway (MEX), which operates the Kuala Lumpur–Putrajaya–KLIA Highway.

For the four CBT charges, Abu Sahid, acting as an agent in his capacity as director of Maju Holdings, is accused of committing the offences at CIMB Bank Berhad, Bukit Tunku, between J2 & K1, Taman Tunku, here.

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