Ex-companies commission boss and son slapped with more charges

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

The fresh charges are on top of the 37 charges on the mother and son last week. FMTNews

Former Companies Commission of Malaysia CEO Zahrah Abd Wahab Fenner and her son Abdulazeez Wan Ruslan when they were brought to court last week.

Zahrah, 60, and her son, Abdulazeez Wan Ruslan, 30, a businessman, pleaded not guilty after their charges were read before judge S. Indra Nehru. The money was as gratification to Abdulazeez to ensure Zahrah, in her capacity as CEO and SSM’s investment committee, approved the Internal Memo of the Finance and Accounts Division, Investment and Financial Management Section titled “Preference Shareholder” Preferred Shares to Ace Holdings Berhad Company dated April 19, 2018.

On the second charge, Zahrah is accused of abetting with Abdulazeez who received a RM50,000 bribe from Samhan, which was credited into his Maybank account on May 25, 2018 at the Menglembu branch.Meanwhile, Abdulazeez is accused of receiving bribes amounting to RM200,000 from Samhan via cash deposit into his Maybank account at the Menglembu branch on May 18 2018 to ensure Zahrah approved the memo.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Maruah melayu 😀

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