Published: Monday October 8, 2012 MYT 1:11:00 PM
Updated: Monday October 8, 2012 MYT 1:18:11 PM
Trial of NFC’s Mohamad Salleh fixed for Nov 8-9
By MAIZATUL NAZLINA
KUALA LUMPUR: A Sessions Court here has fixed for two days from Nov 8, the trial of the National Feedlot Corporation Sdn Bhd (NFCorp) executive chairman who is charged with committing breach of trust and violating the Companies Act 1965 involving RM49.7mil.
Sessions Court Judge S.M. Komathy Suppiah fixed the date in chambers Monday.
DPP Awang Armadajaya Awang Mahmud told reporters that the court had returned Datuk Seri Dr Mohamad Salleh Ismail's passport Monday to enable him attend his child's engagement ceremony in Kazakhtan.
"Dr Mohamad Salleh needs to return the passport on or before Nov 7 and the trial has been set on Nov 8 and 9," he said.
Dr Mohamad Salleh, 64, is charged with dishonestly misusing funds amounting to RM9,758,140 through four cheques to partly finance the purchase of two units of One Menerung Condominium in Block B here for the National Meat and Livestock Corporation Sdn Bhd, which he owns with one of his sons.
According to the charge, he committed the offence in his capacity as an NFCorp director entrusted with control over the company's assets.
He is said to have committed the offence at CIMB Islamic Bank Bhd in Jalan Burhanuddin Helmi, Taman Tun Dr Ismail, here between Dec 1 and Dec 4, 2009.
Dr Mohamad Salleh was charged under Section 409 of the Penal Code, which carries a jail term of up to 20 years, a fine and whipping.
He is also accused under Section 132(2)(a) of the Companies Act 1965 of committing the offence without approval from an annual general meeting of NFCorp to gain profit directly.
He is accused of transferring NFCorp's funds of RM40mil through a cheque into the National Meat and Livestock Corporation's account at the same bank from May 6 to Nov 16, 2009.
For this, he faces charges of criminal breach of trust and violating the Companies Act.