Company director denies cheating investor in Malaysia-China project

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KUANTAN: A company director has pleaded not guilty at the Sessions Court here to cheating Alliance Steel (M) Sdn Bhd (ASSB), the first investor of the Malaysia-China Kuantan Industrial Park (MCKIP), of a sum totalling RM7.38mil three years ago.

Teh Teng Cheng, 52, whose address is in Puchong, Selangor, was charged with committing the offence on June 28, 2019, at the ASSB office in MCKIP, Gebeng here, by submitting the Project Payment Receipt Account.

The charge read before Judge Datuk Ahmad Zamzani Mohd Zain yesterday was framed under Section 420 of the Penal Code, which provides for a maximum jail term of 10 years and whipping, and also a fine, upon conviction. Lawyer Mohd Shahrullah Khan Nawab Zadah Khan, who represented Teh, appealed for the amount to be reduced on the grounds that the accused’s wife could only afford to pay RM30,000, with his client willing to be subjected to additional conditions set by the court.

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