Published: Friday August 3, 2012 MYT 5:33:00 PM
Updated: Friday August 3, 2012 MYT 10:38:42 PM
Timber tycoon, son charged with RM11mil CBT
BY MANJIT KAUR
The father and son arriving at the court where they were charged with CBT IPOH: A timber tycoon and his son have been charged in a Sessions Court with criminal breach of trust amounting to over RM11mil.
Tan Boon Huat, 59, who is Perak Industrial Corporation Sdn Bhd's biggest shareholder and director allegedly committed the offence at the company premises in Jalan Ipoh, Sungai Siput (Utara) on Sept 28 2009.
His son Tan Kang Wei, 33, was charged with conspiring to commit the offence.
Both faced a maximum of 20 years jail, caning and possible fine, upon conviction under the Penal Code.
Judge Madihah Harullah set bail at RM800,000 with one surety each and ordered their passports to be impounded.
DPP Syed Faisal Syed Amir prosecuted while Datuk Jerald Gomez appeared for both the accused.
Re-mention was fixed for Sept 27.
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