Former UKMShape director faces 21 money laundering charges

Muhammad Hussin, the former director of UKMShape, has been charged with 21 counts of money laundering in connection with RM1.55 million in funds, according to court proceedings.

The charges relate to financial irregularities at the University Kebangsaan Malaysia (UKM) enterprise development arm. Hussin has applied for the case to proceed to trial.

Money laundering charges in Malaysia carry serious penalties under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001. Conviction can result in substantial fines and imprisonment.

UKMShape, which operates as a commercialisation and entrepreneurship platform for the university, plays a key role in supporting innovation and business development initiatives within the institution.

The case is part of ongoing efforts by authorities to investigate financial management practices at government-linked entities and educational institutions across the country.