SHAH ALAM: Former Malaysia Automotive, Robotics and IoT Institute (MARii) chief executive officer Madani Sahari was charged again in the sessions court here with 17 counts of misappropriating RM1.63 million in company funds between 2020 and 2021.
Madani, 57, pleaded not guilty after all the charges were read before judge Awang Kerisnada Awang Mahmud.
Madani is accused of dishonestly using MARii funds, by issuing cheques from LPS Learning Platform for a RM500,000 stem cell treatment at VHG Wellness at a bank in Section 20 here between July 13, 2020, and April 26, 2021.
Framed under Section 403 of the Penal Code, the charge carries a jail term of not less than six months and not more than five years, with whipping and a fine, upon conviction.
Following a request by deputy public prosecutor Law Chin How, Awang Kerisnada allowed the accused to post bail of RM300,000 with one surety, with his passport to be handed over to the court, as stipulated by the Kuala Lumpur sessions court yesterday.
Law also applied for the case to be tried together with another case at the sessions court in Kuala Lumpur.
Representing the accused, lawyers Rahmat Mohamed Hazlan and Wan Aizuddin Wan Mohammed did not object to the application.
The court set Feb 29 for mention.
Yesterday, Madani claimed trial in the Kuala Lumpur sessions court to a charge of cheating MARii’s board of directors five years ago by deceiving them into believing that the price offered by LPS Learning Platform for a training contract was RM6.4 million, when the actual price was only RM2.3 million.
Last year, he was also charged in three separate courts in Shah Alam, Kuala Lumpur and Alor Setar with bribery and money laundering. - FMT
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