By FARRAH JOHNSON
Tribune Staff Reporter
fjohnson@tribunemedia.net
A 46-year-old woman who denied helping another person launder nearly $50,000 into a foreign country was yesterday granted bail ahead of her trial.
Jane Smith was accused of knowingly acquiring $3,000, which represented the proceeds of crime, on March 18. She was further accused of laundering the sums of $7,900; $11,690; and $26,930 on March 22, March 29 and April 12 respectively.
Prosecutors allege Smith knowingly transferred $2,019 on a Royal Bank of Canada account to Malaysia sometime between March 18 and 19. It is further alleged that she transferred $7,007.26 to the foreign country between March 22 and 28 and the sums of $15,218.24 and $20,323.49 in the month of April.
Smith is also accused of concealing $49,250, which represented the proceeds of crime, and abetting another in obtaining the funds from a woman between March and April of this year.
When she appeared before Chief Magistrate Joyann Ferguson-Pratt, she pleaded not guilty to 12 counts of money laundering and a single count of abetment to commit money laundering.
Her case was adjourned to August 11 before Magistrate Kendra Kelly.
Smith was granted $10,000 bail in the interim. She must report to the East Street South Police Station once a week leading up to trial.
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