Ah Long, grandma, mum-in-law helped buy bungalow, says Adam


KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) alleges the false evidence given by Adam Rosly includes a claim that his RM1.2 million bungalow was bought with loans from two Ah Long as well as from his mother-in-law and grandmother.

According to a charge sheet, the 29-year-old had told MACC on Feb 10 that he bought his bungalow with cash last year because he was unable to obtain a bank loan.

Adam also denied the bungalow, located in Ampang, had been bought at RM7 million.

He said he had borrowed RM400,000 from a loan shark named Tan Hang Yuan, or Leo, and a further RM100,000 from another loan shark, identified as Ben.

He borrowed an additional RM100,000 from his mother-in-law and RM100,000 from his grandmother, whom he said had since died.

He raised RM250,000 from selling cars and collecting rent, and another RM250,000 from business profits.

He also told MACC he earned about RM60,000 a month as a company director and a further RM3,000 a month, more or less, managing flats at Taman Industri Lembah Jaya.

He said he currently owned a company called Gegas Mentari Holding Sdn Bhd, of which he was director.

Checks showed the firm is involved in assorted operations, including mining and quarrying, building construction and wholesale business in “a variety of goods”.

According to a separate charge sheet, however, Adam told MACC on Feb 22 that he wanted to make some corrections to the Feb 10 figures.

This time, he said he had borrowed RM555,165 from “Leo” as part of a two-year loan, adding that he had made 16 payments – 13 transactions and three cash payments.

Of this amount, he said he had paid RM302,050, with RM253,115 still owing.

He added his grandmother had given him RM80,000 as a three-year loan, providing documented proof of the loan. His grandmother had died on Jan 28, he said.

He also said RM500,000 of the money used to buy the bungalow had come from the sale of cars.

The charge sheets said both of Adam’s statements on Feb 10 and Feb 22 were false, while other charge sheets said the supporting documents for his loans from Leo and his grandmother were also false.

Today, Adam was charged in the Sessions Court on six counts of giving false information to the authorities.

He was charged under Sections 32(8)(c) and 89 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act for providing forged documents as valid documents and giving false evidence.

The maximum custodial sentence under the anti-money laundering law is five years’ jail, RM3 million fine, or both.