KUALA LUMPUR, July 1 — Former Bank Negara assistant governor Datuk Mohamad Daud Dol Moin was charged today with corruption involving a contract to supply polymer banknotes awarded to an Australian company between 2003 and 2007.

Mohamad Daud is accused of accepting RM100,000 from Abdul Kayum Syed Ahmad on two separate counts — RM50,000 on December 1, 2004 and another RM50,000 on February 16, 2005 at a cafe in Bangsar Shopping Centre here.

The former Bank Negara official has been charged under section 11(a) of the Anti-Corruption Act 1997 which is also punishable under section 16 of the same Act.

If found guilty, he faces a prison term of not less that 14 days and not exceeding 20 years, and a fine five times the graft amount or RM10,000 (whichever is higher.)

Abdul Kayum is accused of bribing Mohamad Daud with the same on two separate counts through a third party- RM50,000 on November 14, 2004 and RM50,000 on February 15, 2005. The offences were allegedly committed at a bank in Subang Jaya.

He was charged separately in the Shah Alam Sessions Court under section 11(B) of the same Act. If found guilty, the businessman faces a prison term of not less that 14 days and not exceeding 20 years, and a fine five times the graft amount or RM10,000 (whichever is higher.)

Both pleaded not guilty to the charges, and posted bail.

Mohamad Daud is represented by Collin Goonting and J.D. Goonting while Manjeet Singh Dhillion is representing Abdul Kayum. Deputy public prosecutor Manoj Kurup is acting for the Attorney-General’s Chambers.

Mention dates have been fixed for August 2.