A member of Pertubuhan IKRAM Malaysia (IKRAM), who was previously charged with 158 counts of abuse of position for gratification, has been brought back to court today to face 17 new charges involving money laundering amounting to more than RM17.9 million between 2021 and 2025.
Fakhrudin Abd Karim, 57, pleaded not guilty after all charges were read out before Sessions Court Judge Azrul Darus.
“I understand the charges, I claim trial,” Fakhrudin said in court.
According to the first four charges, he is accused of engaging in money laundering involving RM10.54 million by transferring proceeds from illegal activities from an Ehsan Cares Solution bank account to MAG Builders Sdn Bhd. The payment was allegedly used for a “Proposed Design For New Bungalow” in Bandar Kundang, Gombak, which is said to be his residential property.
He also faces three similar charges for allegedly transferring RM2.66 million from the same account into his credit card account to settle outstanding credit card payments.
In addition, Fakhrudin is accused of committing 10 more money laundering offences involving RM4.7 million. The funds were allegedly transferred to two companies, Wiranusa Corporation Sdn Bhd and Promosi Mantap Sdn Bhd, for the purchase of luxury vehicles including Mercedes-Benz AMG S63, Range Rover SVA, Porsche 911 Carrera S, Porsche 911 Turbo S, Toyota Alphard, and a Lexus RX300.
The offences were allegedly committed at two banks in Bangsar and Bukit Bintang, Jalan Sultan Ismail, between January 6, 2021 and April 21, 2025.
The charges were framed under Section 4(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (Act 613), which carries a maximum penalty of 15 years’ imprisonment and a fine of at least five times the amount involved or RM5 million, whichever is higher upon conviction.
The prosecution was conducted by Deputy Public Prosecutor Datuk Ahmad Akram Gharib, while the accused was represented by Datuk N Sivananthan.
