Shah Alam:The Sessions Court was informed that the representation submitted by the former CEO of GISB Holdings Sdn Bhd and three former accountants to dismiss money laundering charges against them has been rejected.

According to BERNAMA News Agency, Deputy Public Prosecutor Mohd Ashrof Adrin, alongside DPP Muhamad Ehsan Nasarudin, stated that the prosecution will proceed with the trial. They plan to call between 15 and 20 witnesses and anticipate needing six to eight days for the trial.

The accused include Nasiruddin Mohd Ali, 67, facing 77 charges involving more than RM10 million; Hamimah Yakub, 74, with 95 charges involving RM11.4 million; Asmat @ Asmanira Muhammad Ramly, 46, with 68 charges involving RM4.7 million; and Mohd Khushairi Osman, 55, facing 91 charges involving nearly RM12 million.

Lawyer Datuk Rosli Kamaruddin, representing all four accused, informed the court of plans to submit a new representation once seized assets are returned. This new representation may explore resolving the case through a compound offer, an option not included in the previous submission.

The court has set the trial dates for April 26 to 28, June 28 to 30, and July 6 to 8 next year. The status of the new representation will be reviewed on January 26.

Additionally, Rosli requested the return of Nasiruddin's passport to allow him to travel to Mecca, where his wife is due to undergo a Caesarean section. The prosecution did not object, provided the passport is returned by November 10, 2026. The judge approved the request under these conditions.

Nasiruddin and the accountants pleaded not guilty to the charges on September 10, 2025, at the Shah Alam Sessions Court. The alleged offences, under the Anti-Money Laundering, Anti-Terrorism Financing, and Proceeds of Unlawful Activities Act 2001, occurred between 2020 and 2024 in Selangor and involved transactions with various bank accounts. If convicted, penalties include up to 15 years imprisonment and a significant fine.