Hottest Online News Portal

Former Mardec Employee Charged With RM18.18mil CBT

in Latest/Slider

IPOH: A former Malaysian Rubber Development Corporation Bhd (Mardec) employee has claimed trial at a Sessions Court here to two charges of criminal breach of trust amounting to more than RM18.18mil.

Muhammad Faizal Sudin, 39, who gave himself up at the Sungai Senam police station here on Tuesday night, pleaded not guilty to misappropriating RM767,466.95 belonging to Mardec Processing Sdn Bhd entrusted to him as factory manager between August and December 2011 and another RM17,412,985.02 between January and October 2012.

Muhammad Faizal, who is in the midst of being sued by Mardec over the same matter at the Kuala Lumpur High Court, was said to have committed both offences at Mardec Processing’s rubber factory in Bota Kanan, Bota.

If convicted under Section 409 of the Penal Code, he can be jailed up to 20 years, whipped and fined.

Sessions Court Judge S. Indera Nehru set bail at RM400,000 with two sureties.

She also ordered the accused to hand over his passport and to report to the nearest police station once a month.

Tags:

Latest from Latest

Go to Top