MALACCA, Aug 22 — Two men were charged in separate Sessions Court here today with 100 counts of money laundering, involving RM1.86 million.

Both pleaded not guilty to the charges.

In the court before Judge Amran Jantan, businessman Alex Chong Siau Meng was charged with 80 counts of money laundering, involving RM1.66 million.

He was alleged to have accepted between RM10,000 and RM200,000, which were from ill-gotten gains, by transferring the money from the OUB bank account of Lim Guat Moey, 48, into his account.

The offences were allegedly committed at the Batu Berendam Public Bank branch and the UOB Bank branches at the Malim Business Park and Plaza Mahkota here between December 3, 2010 and July 10, 2012.

He is charged under Section 4(1)(a) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001, which provides a maximum fine of RM5 million or five years’ jail, or both, if found guilty.

In another court, before Judge Ahmad Sazali Omar, Low Kim Hsen, 26, who works at a computer game shop, was charged with 20 counts of money laundering, involving RM195,611.

Low is charged with receiving between RM7,311 and RM10,000 from ill-gotten gains, which were transferred from the OUB accounts belonging to Chong and Lim into his OUB bank account.

The offences were allegedly committed between January 25 and July 27, 2011 at the Malim branch UOB here.

Chong and Low were allowed bail of RM80,000 and RM50,000, respectively, in one surety each and the court set Sept 29 for mention of their cases.

Deputy public prosecutor Anslem Charles Fernandis prosecuted in both cases, while lawyers C. Surendran and Loh Chon Mee represented Chong and Low, respectively.