Guan Eng charged with misappropriating RM208.7 mil state land to 2 companies

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

The former Penang chief minister was slapped with the additional charges at the Butterworth Sessions Court today. FMTNews LimGuanEng

Former Penang Chief Minister arriving at the Butterworth Sessions Court this morning.

BUTTERWORTH: Former Penang chief minister Lim Guan Eng was charged with criminally misappropriating RM208.7 million worth of state land to two companies in the Sessions Court here today. He was charged with disposing two plots of Penang government land in Tanjung Pinang -one worth RM135,086,094 to Ewein Zenith Sdn Bhd, and the other worth RM73,668,986 to Zenith Urban Development Sdn Bhd.

The charges, under Section 403 of the Penal Code, carry a maximum five years’ jail, whipping and a fine upon conviction.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines