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The Court of Appeal here today acquitted and discharged Muar MP Syed Saddiq Syed Abdul Rahman of four charges involving criminal breach of trust, misappropriation of property and money laundering linked to funds from Angkatan Bersatu Anak Muda (Armada). Photo Bernama

Appeals court acquits Syed Saddiq of CBT, misappropriation, money laundering charges

ByBernama

PUTRAJAYA, June 25: The Court of Appeal here today acquitted and discharged Muar MP Syed Saddiq Syed Abdul Rahman of four charges involving criminal breach of trust, misappropriation of property and money laundering linked to funds from Angkatan Bersatu Anak Muda (Armada).

A three-member bench comprising Justices Datuk Ahmad Zaidi Ibrahim, Datuk Azman Abdullah and Datuk Noorin Badaruddin allowed Syed Saddiq’s appeal to overturn his conviction and sentence of seven years’ jail, two strokes of the cane, and a RM10 million fine imposed by the Kuala Lumpur High Court on Nov 9, 2023.

“We find that the prosecution failed to prove the abetment charge against the appellant (Syed Saddiq). The evidence presented was not credible and did not support the misappropriation charge under Section 403. Additionally, the money laundering charges under AMLA could not be sustained.

“Therefore, the appellant is acquitted and discharged of all charges,” said Justice Noorin, who read out the unanimous decision.

Syed Saddiq, 32, had been accused of abetting Armada’s former assistant treasurer, Rafiq Hakim Razali, in committing criminal breach of trust involving RM1 million. The alleged offence was said to have occurred at CIMB Bank Berhad, Menara CIMB KL Sentral, on March 6, 2020, under Section 406 of the Penal Code.

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