KUALA LUMPUR: The former chairman of GIIB Holdings Berhad was charged at the Sessions Court today with conspiring by ordering the company secretary to use a forged financial statement last year.
The accused, Tai Boon Wee, 64, however pleaded not guilty and asked to be tried after the charge was read out before judge Azura Alwi.
Tai was charged with dishonesty conspiring by ordering the company secretary to use a forged Interim Financial Statement for Period Ended March 31, 2023 (3rd Quarter) for GIIB as genuine.
He was accused of committing the offence at the Bursa Malaysia Berhad office, Exchange Square, Bukit Kewangan on May 29 last year.
The charge, framed under Section 109 of the Penal Code, read with Section 471 of the same code, carries a maximum jail term of two years, or fine, or both upon conviction.
Earlier, deputy public prosecutor Anis Najwa Nazari offered RM20,000 bail with one surety and additional conditions of reporting to the Malaysian Anti-Corruption Commission monthly and passport to be surrendered to the court until case disposal.
Defence counsel Wan Shahrizal Wan Ladin, however, pleaded for a lower bail sum on grounds that his client had cooperated with the anti-graft agency throughout investigations.
Judge Azura granted a bail of RM20,000 with one surety and ordered his passport to be surrendered to the court until case disposal.
She set July 5 for mention.
On Jan 13 last year, Tai pleaded not guilty at the Sessions Court on charges of presenting false documents to an audit company related to the sales and disposal of used machines worth RM2.95 million.
However, on Oct 24 the same year, the High Court freed him after allowing an application to set aside all charges.