Kuala lumpur: The Sessions Court here has granted an application by Maju Holdings Sdn Bhd director Tan Sri Abu Sahid Mohamed for the temporary release of his passport to accompany his daughter to university in London, set for January next year. Judge Suzana Hussin ordered the 74-year-old's passport to be released today, to be returned to the court on or before January 30, 2026.
According to BERNAMA News Agency, the court also granted Abu Sahid permission to travel to the United Kingdom from January 12 to 28, 2026. However, the court dismissed an application by deputy public prosecutor Mohamad Fadhly Mohd Zamry to impose an additional condition that would have barred Abu Sahid from conducting any transactions with his personal bank accounts in the UK during his travel.
During the proceedings, Mohamad Fadhly had suggested that provisions under Sections 388 and 389 of the Criminal Procedure Code could allow for additional conditions. However, Abu Sahid's lawyer, Datuk Jasbeer Singh, opposed the application, arguing that the prosecution had not identified the existence of any such bank accounts.
Jasbeer Singh contended that imposing such a condition without identifying the specifics of the bank accounts would be prejudicial to Abu Sahid. He further noted that all of Abu Sahid's bank accounts in Malaysia are already frozen and that imposing this extra condition would hinder his ability to cover his daughter's university fees.
Abu Sahid faces five charges of criminal breach of trust involving over RM458.5 million of company funds entrusted to him in bank accounts at Taman Tunku and Taman Serdang Perdana between May 3, 2016, and October 21, 2019. Charged under Section 409 of the Penal Code, he faces a maximum penalty of 20 years' imprisonment, caning, and a fine upon conviction.
In addition, he faces 10 charges of transferring illicit proceeds totalling RM116,449,536.12 to five individuals and four construction companies. He also faces three charges of money laundering, where he is accused of disposing of illegal proceeds amounting to RM22,802,612.86 through cash withdrawals made via 15 cheques from his account at the same bank between May 4, 2016, and September 19, 2018.
These charges fall under Section 4(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001, which entails a maximum penalty of 15 years' imprisonment and a fine of five times the value of the proceeds upon conviction.