Mohd Liza Azmie Md Darus, 47, and Md Shah Shairie Abdul Rahman, 34, who were produced in separate courts, pleaded not guilty when the charges were read out before Judges Fathiyah Idris and G Ramesh.

Liza, who is also a director of the company, faces 10 counts of using and being in possession of money and assets sourced from illegal activities amounting to RM989,888 at four different locations here, from Aug 12, 2014 to Sept 1, 2016.

He was charged with receiving RM355,000 from illegal proceeds between Aug 12, 2014 until Dec 15, 2014, at two different locations.

Liza was also charged with using RM265,518 from illegally gained proceeds for the purchase of a real estate unit in Sikamat and in Seremban, between Aug 27, 2014, until June 10, 2015 at two different locations here.

He also faces a charge of possession of RM369,370 in cash and movable properties such as two gold bangles, two gold necklaces and two gold pendants, from the illegally gained proceeds.

He allegedly committed the offence at Taman Sri Pulai, Sikamat, here on Jan 20, 2016.

Judge Fathiya allowed Liza bail of RM150,000 in one surety for all the charges and ordered the accused to surrender his international passport to the court.

Deputy public prosecutor Nor Ashikin Mokhtar prosecuted while Liza was represented by Mohd Baharuddin Ahmad Kassim.

In a separate court, Shah, who is in jail for a cheating offence, was charged with 12 counts of using a total of RM594,500 gained from illegal activities to purchase a property unit in Setul, near here.

He is alleged to have committed the offences at two different banks here between May 20 and 25, 2015.

The court fixed April 6 for remention.