SHAH ALAM: Two company directors claimed trial at the Sessions Court, here, for abetting an individual to embezzle close to RM11 million in funds from several companies.
Lim Ah Hock, 71, and Lim Pay Chuan, 53, both pleaded not guilty when the charges were read out to them, separately, before Sessions Court judge Rozilah Salleh, today.
Ah Hock was accused of partaking and abetting G. Paismanathan in cheating Chin Yit Wah to pay RM530,000 to Siaz Holding Bhd using Colas Rail System Engineering Sdn Bhd's funds for some non-existent engineering consultation works that included interface works with KVMRT PDP and MRT Corp.
He was accused of committing the offence at Pestech Technology Sdn Bhd's office located in Ara Damansara, Petaling Jaya, Selangor on Nov 16, 2017.
Meanwhile, Pay Chuan was charged with three counts of taking part and abetting Paismanathan in cheating Yit Wah to pay Siaz Holding Bhd some RM530,000 and RM5,940,000 using Pestech Technology Sdn Bhd's funds for consulting services and preparation for Sentul Feeder Station TNB application, as well as other consultation works including Human Capital Development and Bumiputera Compliance, which were non-existent.
He was also charged with partaking and abetting the same individual to fraudulently make the same individual pay Siaz Holding Bhd RM3.6 million using Colas Rail System Engineering Sdn Bhd for a similar non-existent consultation works.
He was accused of committing all three offences on Aug 1 and Dec 27 in 2017, and Jan 5, 2018, at Pestech Technology Sdn Bhd's office located in Ara Damansara, Petaling Jaya, Selangor.
Both the accused were charged under Section 109 of the Penal Code for abetment, which carries a minimum of six months to five years maximum jail term, whipping or fine upon conviction.
Deputy public prosecutor Muaz Ahmad Khairuddin proposed that the court impose bail of RM200,000 respectively for each of the accused and for them to surrender their passports to the court.
Ah Hock's lawyer, Gobind Singh Deo, however, objected to his client having to surrender his passport as the accused travelled frequently for business and had to undergo medical treatment at Singapore General Hospital.
Deo also represented Pay Chuan.
The court imposed RM200,000 bail on each of the accused and also ordered them to surrender their passports.
Rozilah also fixed Feb 24 for re-mention.
On Nov 9, 2021, Paismanathan was charged at the Shah Alam Sessions Court with four counts of disposing of RM10.6 million between 2017 and 2018.