Ex-chairman pleads not guilty
A former company chairman, Zahri Ismail, has been charged in Malaysia over an alleged fraud involving RM2.5 million. Zahri, 53, pleaded not guilty to the charge, which centres on claims that he deceived a subcontractor about securing a mining project in Gua Musang, Kelantan.
According to the allegation, Zahri misled Toh Chee Seng, 56, into believing he could obtain the mining project. The claim states that this led Toh to transfer money in three separate deposits.
Multiple transfers to bank accounts
The prosecution alleges that Toh deposited RM2 million, followed by RM250,000 and another RM250,000, into three bank accounts connected to the case. The payments were made after the purported representation about the mining project.
The matter has been taken up in court, where Zahri entered his plea. Further court dates are expected as the case proceeds through the legal process.
AI Generated News.