Negri cops looking into two fraudulent company land deals

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SEREMBAN: Police are looking into a case in which 7ha of land worth some RM24mil belonging to a company here was apparently fraudulently transferred to one man’s name.

State commercial crime chief Supt Aibee Ab Ghani said the company discovered this during a routine check in June.

"The employee then checked this with the state Land Office here and was told that the land was transferred on Jan 14 with a payment of RM1.8mil," he said. He said the company then tried to get in touch with the legal firm involved in conducting the transaction but was unsuccessful. He said police were now looking for one Tay Hock Seng, 54, from Sg Bakap in Kedah to help in its probe.He said in May last year, a 50-year-old company director discovered that two parcels of land belonging to the company totalling almost 8ha in Port Dickson worth some RM3mil had been sold by its two former directors to a certain individual.

 

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