The offences, which were committed between 15 June 2017 and 18 February 2020, were in relation to Amirruddin’s failure to appear before the SC’s investigating officer for examination relating to a money laundering investigation.

The Kuala Lumpur Sessions Court sentenced Amirruddin, 52, to a fine of RM100,000 and one day imprisonment for each of the three charges, with the jail terms to be served concurrently.

Sessions Court Judge Kamarudin Kamsun also found Amirruddin guilty of continuously failing to comply with the orders to appear for examination issued by the SC for a span of 979 days. The court ordered Amirruddin to pay a daily fine of RM2,000, resulting in a total fine of RM1,958,000. The total fine imposed against him from all the convictions amount to RM2,258,000.

The SC would like to remind members of the public that failure to comply with a written notice issued by an investigating officer of the SC is a punishable offence under securities laws, as this will hinder the SC's discharge of its investigation and enforcement functions which are crucial in maintaining the integrity of the capital market.