In April 2022, businessman Nicky Liow was charged in the Shah Alam sessions court with 26 counts of money laundering totalling RM36 million. PETALING JAYA : The Attorney-General’s Chambers (AGC) has clarified that businessman Nicky Liow’s 26 money laundering charges were withdrawn in 2023 after he paid a RM10 million compound. “Based on the totality of available evidence and the prosecution’s assessment, this department agreed to offer a compound of RM10,000,000. In April 2022, Liow was charged in the Shah Alam sessions court with 26 counts of money laundering totalling RM36 million. The AGC also said the decision was made in line with the attorney-general’s constitutional powers and discretion, “without being influenced by external pressure or public sentiment”.