Police say they have seized stacks of documents from a company in which Chua Chong Seng was a director.
PETALING JAYA: MCA president Dr Chua Soi Lek’s brother, Chong Seng, is among the three main suspects in a criminal breach of trust case that Bukit Aman is investigating, police have confirmed.
Syed Ismail Azizan, who heads the Federal Commercial Crime Investigation Department, told FMT today that police on Wednesday raided the premises of Xian Leng Holdings Bhd, an ornamental fish breeder, in Batu Pahat and seized stacks of documents.
“We’ve just started our investigations, as a report was only lodged last Friday,” he said. “For now, we’ve classified the case under Section 409 of the Penal Code for criminal breach of trust.”
“Our investigations are still ongoing. I can’t say how many more people we’re going to question or give other details at the moment.”
Last week, The Edge reported that a recent special audit of Xian Leng showed that RM85.7 million of the company’s money had been remitted to four contractors “under questionable circumstances”.
The weekly said three former directors—Chua, Ng Huan Tong and Ng’s wife Lim Wan Hong—had allegedly signed cash cheques for amounts totalling RM85.7 million to pay the four contractors for the construction of fish ponds. It also said another RM5 million had allegedly been paid out to 52 other contractors.
The Edge also reported that the cheques were made through a licensed money changing company which is 80% owned by Chua and that he did not disclose this fact to Xian Leng.
According to a file that Xiang Leng submitted to Bursa Malaysia, the issuance of large sums of money through cash cheques was against the company’s financial manual and there was a lack of corroborative evidence that the contractors were ever paid.