That won’t wash_ Hong Kong judge rejects domestic helper’s money laundering explanation _ South China Morning Post u s anti money laundering laws

An indonesian domestic helper who told a court that she believed money laundering was to wash dollar notes with water, was convicted of the crime on thursday over a bank account she lent to a friend for illegal activities.

Siti rianah, 30, set up and let others use her hang seng bank account to deposit more than HK$1 million from illicit loan activities that boasted a 1,000 per cent annual interest rate in 2012, the court heard. The highest legal interest rate in hong kong is 60 per cent.

She was found guilty on thursday of one count of conspiracy to launder money at the district court, after a judge refused to accept the innocent state of mind she claimed she had.

HKMA to add cyber security, anti-money laundering knowledge to bankers’ certification

During the trial, the helper testified that she had never heard of money laundering until her friend, suryati, phoned her and told her of such a problem happening to her bank account.U s anti money laundering laws

Judge shum siu-man recalled asking her about it. “she said it was like doing laundry, that is to wash dollar notes with water,” the judge cited in his written verdict handed down on thursday.

But contrary to her interpretation, shum noted that the helper went on to cancel her bank account the day after the phone call. “undoubtedly, she … Was lying,” he said.

The court heard earlier that siti met suryati in indonesia when they took part in a training course together before the defendant came to hong kong in 2005.

They became good friends when they reunited in the city in 2008, four years before suryati would ask her to set up the bank account, which at one point contained HK$1.23 million.

During the trial, the helper said she, in good faith, believed suryati when she said she merely wanted to set up a savings account.

In hong kong, mainland money laundering isn’t just big, its scale is ‘amazon’

u s anti money laundering laws

But the judge on thursday said he found siti evasive when she was asked why her friend did not open an account herself, but had to seek assistance from the helper.

The judge also said siti had been receiving bank statements featuring figures too large for an ordinary savings account. Despite this fact, she failed to make enquires to her friend.

“if the helper was truly keeping a bank account for her friend, her duty would have been to pass bank statements to suryati,” the judge said.

But instead, the helper threw away some of the bank statements before she opened them, the judge concluded.

Her co-accused suryati and muniroh had already pleaded guilty to the charge.

All three will be sentenced on october 11.

An indonesian domestic helper who told a court that she believed money laundering was to wash dollar notes with water, was convicted of the crime on thursday over a bank account she lent to a friend for illegal activities.U s anti money laundering laws

Siti rianah, 30, set up and let others use her hang seng bank account to deposit more than HK$1 million from illicit loan activities that boasted a 1,000 per cent annual interest rate in 2012, the court heard. The highest legal interest rate in hong kong is 60 per cent.

She was found guilty on thursday of one count of conspiracy to launder money at the district court, after a judge refused to accept the innocent state of mind she claimed she had.

HKMA to add cyber security, anti-money laundering knowledge to bankers’ certification

During the trial, the helper testified that she had never heard of money laundering until her friend, suryati, phoned her and told her of such a problem happening to her bank account.

Judge shum siu-man recalled asking her about it. “she said it was like doing laundry, that is to wash dollar notes with water,” the judge cited in his written verdict handed down on thursday.U s anti money laundering laws

But contrary to her interpretation, shum noted that the helper went on to cancel her bank account the day after the phone call. “undoubtedly, she … Was lying,” he said.

The court heard earlier that siti met suryati in indonesia when they took part in a training course together before the defendant came to hong kong in 2005.

They became good friends when they reunited in the city in 2008, four years before suryati would ask her to set up the bank account, which at one point contained HK$1.23 million.

During the trial, the helper said she, in good faith, believed suryati when she said she merely wanted to set up a savings account.

In hong kong, mainland money laundering isn’t just big, its scale is ‘amazon’

But the judge on thursday said he found siti evasive when she was asked why her friend did not open an account herself, but had to seek assistance from the helper.U s anti money laundering laws

The judge also said siti had been receiving bank statements featuring figures too large for an ordinary savings account. Despite this fact, she failed to make enquires to her friend.

“if the helper was truly keeping a bank account for her friend, her duty would have been to pass bank statements to suryati,” the judge said.

But instead, the helper threw away some of the bank statements before she opened them, the judge concluded.

Her co-accused suryati and muniroh had already pleaded guilty to the charge.

All three will be sentenced on october 11.