The Director of Maju Holdings, Tan Sri Abu Sahid Mohamed has been charged in court.
Tan Sri Abu Sahid Mohamed, director of Maju Holdings Sdn Bhd, has been charged in the Sessions Court with four counts of criminal breach of trust (CBT) involving RM313 million and 13 counts of money laundering amounting to RM139 million. The charges are connected to the proposed Putrajaya–Kuala Lumpur International Airport (KLIA) Expressway (MEX II) project, which was planned to link the Putrajaya Interchange to KLIA under Maju Holdings.
Pleaded Not Guilty to All Charges
Abu Sahid, who attended court in a wheelchair due to health issues, pleaded not guilty to all 17 charges when they were read before Judge Suzana Hussin. According to Berita Harian, he replied “understood, not guilty” each time the court interpreter presented the charges.
For the CBT charges, prosecutors allege that the offences were committed in his capacity as director of Maju Holdings at CIMB Bank Berhad, Bukit Tunku, Kuala Lumpur. The charges fall under Section 409 of the Penal Code, which carries heavy penalties including long-term imprisonment if convicted.
The money laundering charges, totalling RM139 million, were framed under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act (AMLA).
Background of MEX II Project
The MEX II project was a proposed expressway extension from Putrajaya to KLIA, intended to improve connectivity between Malaysia’s administrative capital and its main international airport. Maju Holdings had been awarded the concession for the project, but it has faced delays and controversies over financing and execution.
The alleged financial misconduct linked to the project now places further scrutiny on the company and its leadership.
Legal Proceedings Underway
Judge Suzana Hussin set bail conditions and scheduled further court dates for case management. The court will also determine the admissibility of key financial documents and testimony from banking representatives. If found guilty, Abu Sahid could face significant prison terms, fines, and disqualification from holding directorial positions.
The case has attracted widespread public attention due to the scale of the alleged offences — over RM452 million in total — and the involvement of a high-profile businessman. It also raises questions about oversight and governance in large-scale infrastructure projects in Malaysia. The trial is expected to be closely monitored by the public, industry stakeholders, and regulators as it unfolds in the coming months.
