Friday 29 Mar 2024
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KUALA LUMPUR (Sept 7): Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) managing director Datuk Mustafha Abd Razak and its chairman Tan Sri Abdul Aziz Zainal were charged in the Sessions Court here today with criminal breach of trust and abetment respectively, involving RM14.99 million, according to a Bernama report.

Both pleaded not guilty before judge Madihah Harullah.

Bernama reported that Mustafha, 48, allegedly committed the offence related to the bank's group marketing expenditure allocation, at Menara Kembar Bank Rakyat, No. 33 Jalan Travers here on March 11. The charge is under Section 409 of the Penal Code.

Abdul Aziz, 65, stands accused of abetting Mustafha at the same place and date. The charge is under Section 109, read with Section 409 of the Penal Code.

If found guilty, they can be sentenced to a maximum of 20 years in jail with whipping, and liable to a fine, each.

The report said Abdul Aziz was represented by counsel Tan Sri Muhammad Shafee Abdullah and Mustafha by Datuk Kamarul Hisham Kamaruddin, while Malaysian Anti-Corruption Commission director Masri Mohd Daud conducted the prosecution.

The judge set RM400,000 as bail with one surety for each of the accused with an additional condition to surrender their passports to the court pending disposal of their respective cases.

The court also set Oct 10 for remention and granted the prosecution's application for both cases to be consolidated as it involved the same transaction amount.

 

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