The NFCorp chairman has pleaded not guilty to all a 4 charges underneath a Penal Code as well as Companies Act.
UPDATED
KUALA LUMPUR: National Feedlot Corporation (NFCorp) chairman Mohamad Salleh Ismail was currently charged during a Jalan Duta Sessions Court in connection with a National Feedlot Centre (NFC) controversy. Mohamad Salleh, 64, was slapped with 4 apart charges dual counts underneath Section 409 of a Penal Code for rapist crack of certitude as well as another dual counts underneath a Companies Act involving a purported misuse of about RM49 million.
Looking calm in a suit, Mohamad Salleh, a husband of Women, Family as well as Community Development Minister Shahrizat Abdul Jalil, smiled as well as shook hands in a packaged courtroom. He later pleaded not guilty to all 4 charges when it was review out to him.
The initial assign was which Mohamad Salleh, as a executive of NFCorp entrusted with a assets of a association in a CIMB Islamic Bank Bhd comment in Taman Tun Dr Ismail, had committed rapist crack of certitude when he dishonestly misappropriated RM9,758,140 (about 9.7million) as a prejudiced remuneration for dual units of a One Menerung oppulance condominum for a National Meat & Livestock Corporatin Sdn Bhd.
He had allegedly committed a offence around 4 cheques in in between Dec 1 as well as 4 in 2009. This assign falls underneath Section 409 of a Penal Code.
The second assign was which he had made a same purchase of a dual units in One Menerung without a permission of a company's ubiquitous assembly as well as had gotten direct profits. This assign comes underneath Section 132(2)(a) of a Companies Act.
Mohamad Salleh's ! third as sign review which he had committed CBT when he dishonestly mis-appropriated a sum of RM40million when he eliminated a amount into a comment belonging to National Meat & Lifestock Corporation Sdn Bhd in in between May 6 as well as May 8, 2008.
The fourth assign was which he had obtained a direct distinction from a said RM40 million as well as thus violated Section 132(2)(a) of a Companies Act.
Under Section 409, Mohamad Salleh faces a prison tenure in in between dual as well as 20 years, canning as well as can additionally be fined if convicted. He additionally can be jailed five years as well as fined up to RM30,000 for each assign underneath a Companies Act.
Sessions decider S M Komathy Suppiah fixed bail during RM500,000 with one surety for all charges. Case discuss will be on April 13.
Shahrizat was seen in a court though abandoned reporters when asked to comment.
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Courtesy of Bonology.com Politically Incorrect Buzz & Buzz
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