Nicky Liow charges withdrawn after he paid RM10mil compound, says AGC
Attorney-General's Chambers says it agreed to compound the 26 money laundering charges after considering Nicky Liow's representations in 2023.
In April 2022, businessman Nicky Liow faced 26 counts of money laundering, amounting to RM36 million, in the Shah Alam sessions court. The Attorney-General's Chambers (AGC) has now disclosed that Liow's 26 charges were withdrawn in 2023 after he paid a RM10 million settlement. The AGC stated that Liow, through his legal counsel Messrs Rajpal, Firah & Vishnu, requested the compound in December 2022 and April 2023.
The department agreed, and Liow paid the sum on May 29, 2023. The settlement also involved forfeiting RM647,366 in bonds and seized assets. This decision came after civil society organizations questioned the discharge Liow received, not an acquittal. In 2021 and 2022, Liow went into hiding following a police crackdown on his gang, accused of involvement in the "Macau scam."
He was charged in absentia as a member of an organized crime group before being granted a DNAA. The AGC emphasized that Liow never enjoyed freedom without facing legal proceedings and that the decision was made in accordance with the attorney-general's powers and discretion, unaffected by external pressures or public opinion.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
