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Rafizi: How did Bank Negara let 'trader with RM43m' off the hook?
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Following yesterday's exposé on SRC International's alleged money trail, PKR vice-president Rafizi Ramli today raised questions on how the authorities handled a trader who was linked with investigations into 1MDB.

Rafizi, who relied on documents uploaded to sprminsider.blogspot.my, claimed that the trader had withdrawn RM43 million with cash cheques within three weeks in early 2015.

"Why didn't Bank Negara charge (the trader) for money laundering? Withdrawing RM43 million in cash in a span of three weeks surely would have been noticed by Bank Negara, as early as January 2015 when the cheques were cashed out," Rafizi told a press conference in Kuala Lumpur today.

He claimed that the trader, who is in his early 30s, had withdrawn RM8 million through 16 cash cheques on Dec 31, 2014, and then another RM35 million through 71 cash cheques between Jan 15 to Jan 20, 2015.

He further claimed that this money originated from former 1MDB subsidiary, SRC International, and was layered through several companies before being channeled into the trader's enterprise and withdrawn in cash cheques.

These allegations were based on documents uploaded on a blog called sprminsider.blogspot.my in October 2016. The Communications and Multimedia Ministry has blocked access to the site.

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