Wednesday, August 8, 2012

Malaysian Timber Tycoon Charged

IPOH: A timber tycoon and his son have been charged in a Sessions Court with criminal breach of trust amounting to over RM11mil.

Tan Boon Huat, 59, who is Perak Industrial Corporation Sdn Bhd's biggest shareholder and director allegedly committed the offence at the company premises in Jalan Ipoh, Sungai Siput (Utara) on Sept 28 2009.

His son Tan Kang Wei, 33, was charged with conspiring to commit the offence. Both faced a maximum of 20 years jail, caning and possible fine, upon conviction under the Penal Code.

Judge Madihah Harullah set bail at RM800,000 with one surety each and ordered their passports to be impounded.

DPP Syed Faisal Syed Amir prosecuted while Datuk Jerald Gomez appeared for both the accused.

Re-mention was fixed for Sept 27.


1 comment:

  1. Here is Mr Benjamin contact Email details,lfdsloans@outlook.com. / lfdsloans@lemeridianfds.com Or Whatsapp +1 989-394-3740 that helped me with loan of 90,000.00 Euros to startup my business and I'm very grateful,It was really hard on me here trying to make a way as a single mother things hasn't be easy with me but with the help of Le_Meridian put smile on my face as i watch my business growing stronger and expanding as well.I know you may surprise why me putting things like this here but i really have to express my gratitude so anyone seeking for financial help or going through hardship with there business or want to startup business project can see to this and have hope of getting out of the hardship..Thank You.

    ReplyDelete