KUALA LUMPUR – The High Court has dismissed an appeal by the prosecution against the acquittal of two former directors of Silver Bird Group Bhd who were charged with 134 counts of cheating Malayan Banking Berhad of RM67.4mil.
Judicial Commissioner Mohamad Shariff Abu Samah made the order on grounds that there was no merit in the application.
He said the trial judge should not have ordered former group managing director Datuk Jackson Tan Han Kook, 63, and former executive director Ching Siew Cheong, 55, to enter defence but instead should acquit both by end of the prosecution.
Sessions judge Mohd Nasir Nordin had instructed the accused to enter their defence on the charges at the end of the prosecution’s case.
Tan and Ching were accused of duping Maybank officers by using false documents when applying for bankers’ acceptance facilities, inducing them to deposit a total of RM67,435,143 into various bank accounts belonging to three companies.
The companies were Asian Food Link Sdn Bhd, Violet Bonanza Sdn Bhd and Standson Marketing Sdn Bhd.
The documents mentioned were invoices totalling RM67,435,143 and delivery orders made out to Stanson Marketing and Koperasi Permodalan Felda Quality. – The Star Online