KUALA LUMPUR – Businessman Tan Sri Abu Sahid Mohamed, director of Maju Holdings Sdn Bhd, pleaded not guilty at the Sessions Court on Monday to four counts of criminal breach of trust involving more than RM313 million and 13 charges of money laundering totalling RM139.2 million.
The charges are tied to the proposed Maju Expressway II (MEX II) project, connecting Putrajaya with Kuala Lumpur International Airport (KLIA), local media reported.
The 74-year-old corporate figure, who appeared in court in a wheelchair with an oxygen tank by his side, was allowed to sit outside the dock due to poor health.
“I understand… I plead not guilty,” he said in response to each charge, read individually by court interpreters before Judge Suzana Hussin.
His lawyer, Datuk Hisyam Teh Poh Teik, told the court: “He is not too well. He cannot stand for long,” in seeking permission for his client to remain seated during the proceedings.
Investigations by the Malaysian Anti-Corruption Commission (MACC) had earlier resulted in the seizure of assets worth about RM32 million, including luxury handbags, jewellery, high-end cars, watches and cash. Officers also uncovered a storage area at one of his residences filled with premium liquor valued at an estimated RM3 million, believed to be linked to money laundering.
According to the MACC’s Strategic Communications Division, the seizures were carried out under the Malaysian Anti-Corruption Commission Act 2009 and the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.
Maju Holdings is the concessionaire of the Maju Expressway (MEX), which runs from Kuala Lumpur to Putrajaya and KLIA. – September 8, 2025