<div class=newsTextDataWrapInner><p>KUALA LUMPUR (March 26): The Court of Appeal has dismissed an application filed by former director of LFE Corp Bhd Alan Rajendram Jeya Rajendram against his conviction for furnishing false statements to Bursa Securities in 2007.</p></div>

<div class=newsTextDataWrapInner><p>In a statement today, the Securities Commission Malaysia (SC) said last Friday, the Court of Appeal had dismissed the application, with Alan ordered to serve his jail sentence with immediate effect.</p></div>

<div class=newsTextDataWrapInner><p>"A three-panel bench presided by Justices Datuk Abang Iskandar Abang Hashim, Datuk Abdul Rahman Sebli and Datuk Yaacob Md Sam found no merit in the appeal filed by Alan, and that the prosecution had proven the case beyond reasonable doubt," the regulator added.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>In 2012, Alan, 62, was sentenced to a one-year jail term and fined a total of RM1.2 million after being convicted by the Sessions Court of four charges of knowingly permitting the furnishing of false statements by LFE to Bursa.</p></div>

<div class=newsTextDataWrapInner><p>Alan’s appeal against the Sessions Court decision was dismissed by the High Court on Nov 28, 2016, following which he had lodged an appeal to the Court of Appeal.</p></div>

<div class=newsTextDataWrapInner><p>The false statements were in relation to fictitious purchases of RM119 million made by LFE International Ltd, a subsidiary of LFE, in all four quarters of LFE’s unaudited financial results for its financial year ended Dec 31, 2007.</p></div>


KUALA LUMPUR (March 26): The Court of Appeal has dismissed an application filed by former director of LFE Corp Bhd Alan Rajendram Jeya Rajendram against his conviction for furnishing false statements to Bursa Securities in 2007.

In a statement today, the Securities Commission Malaysia (...

Court dismisses former LFE Corp director’s appeal to overturn conviction

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Taiwan said on Friday China's decision to open new air routes that run perilously close to two Taiwanese-controlled islands was a flight safety risk taken without consultation, adding it will demand any aircraft using them be asked to turn around.

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Indonesia said fiscal and monetary policies are in sync to cushion the economy from the rising dollar, demonstrating an all-hands-on-deck approach, with the central bank signalling they’re intervening more actively to aid the rupiah.

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Israel launched an attack on Iranian soil on Friday, sources said, in the latest tit-for-tat exchange between the two arch foes, whose decades of shadow war has broken out into the open and threatened to drag the region deeper into conflict.

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