Published: Friday January 4, 2013 MYT 10:49:00 AM
Updated: Friday January 4, 2013 MYT 11:48:29 AM
Former Sime Darby CEO applies to strike out CBT, cheating charges
By M. MAGESWARI
KUALA LUMPUR: Former Sime Darby Bhd president and group chief executive officer Datuk Seri Ahmad Zubair Murshid applied on Friday to strike out his criminal breach of trust and cheating charges.
The matter is to be heard before High Court judge on Feb 26.
On July 17, Ahmad Zubair was charged at a Sessions Court here with two counts of criminal breach of trust involving more than RM100mil.
The charges were in connection with the acquisition of land in Sarikei under the Sarawak Upstream Expansion Plan.
In the first charge, he was accused of failing to take or instruct legal action between Nov 17, 2008 and Nov 28, 2008, to rectify the award of the NCR lands in KJD/Lower Julau, Sg Julau/Sg Pitoh/Sg Jiet and part of Merurun/Meluan/Entabai in Sarikei to Vertical Drive Sdn Bhd, and thereby causing Sime Darby to incur losses amounting to RM85,023,047.20 for having to acquire Vertical Drive.
In the second charge, he was accused of failing to take or instruct legal action between Nov 17, 2008 and Dec 4, 2009 to rectify the award of the NCR lands in the confluence of Btg Rejang/Btg Baleh, Kapit and the remaining eastern half of the Merurun/Meluan/Entabai and Julau to Nature Ambience Sdn Bhd and thus causing Sime Darby to incur losses amounting to RM16,816,217 in having to acquire Nature Ambience.
He claimed trial to both charges under Section 409 of the Penal Code.
Ahmad Zubair was also charged with two alternative charges of cheating under Section 418 of the Penal Code.
Under these two charges, he was accused of failing to inform Sime Darby's board of directors on Nov 28, 2008 and Dec 4, 2009 respectively that the NCR lands in Sarikei had instead been awarded to Vertical Drive and Nature Ambience.
He also claimed trial to both charges.
Related Stories:
Ex-Sime Darby chief wants charges struck off after MACC amends charges against him
Ex-Sime Darby chief Zubair's RM100mil-CBT charges to be amended
Ex-Sime Darby chief held
Former Sime Darby CEO Ahmad Zubair charged with CBT
- American pastor’s murder: Two more Pakistan nationals charged
- William Yau inquest: Verdict later today
- Haze: Muar’s 200 schools to close temporarily from today’s afternoon session
- MCMC offers free money to small businesses, few takers
- Haze: Muar’s air quality turns hazardous; many private kindies close
- China’s Comtec to build one of world’s largest solar wafer making plants in Kuching for RM1.2bil
- Penang freak storm: Only part of Jalan Macalister is open to traffic; CM annoyed
- Hong Kong national involved in train-car accident in Kota Kinabalu dies
- Chieftains handing out dubious titles
- Titles with no standing draw renewed attention
- Nightmare over topless pictures
- Pakatan MPs to attend swearing-in
- ‘Body buried 13 storeys deep’
- Striptease queen married five times in search of true love, says author
- ‘Divine empowerment’ for Muslim women
- RHB Research maintains "Neutral" on auto sector
- Kulim Malaysia offers RM812.3m for another 20% stake in NBPOL (Update)
- RHB Research maintains "Neutral" on IHH Healthcare
- Sumatec up ahead of meeting on O&G asset buy plan
- Ringgit falls to 1-yr low at 3.2010 versus US dollar
- Malaysia's KLCI falls nearly 10 points in early trade
- Malaysian equities to face selling pressure on Thursday
- Public Invest Research: TSH Resources becoming big cap plantation company
- US stocks down after Bernanke hints at slowing stimulus
- Assore - Assmang approves ferromanganese joint venture in Malaysia
- CIMB Research ups MY EG target price to RM1.74
- Malaysia-Market factors to watch on June 20(Thursday)
- Kulim to take another 20% stake in New Britain Palm Oil Ltd (Update)
- Nusa Gapurna rejects PKNS offer to up stake in PJ Sentral
- AirAsia wants no further delays in opening of new low-cost terminal KLIA2
- Paul Revington is glad to be back to train the Malaysian team
- Heavy task on Faizal’s shoulders
- Singapore Open: Chong Wei Feng fights to survive
- Rachel owes her rich vein of form to change in technique
- Future looks gloomy for men’s squash when Beng Hee calls it a day
- Gavin Green confident he can take on title-holders this weekend
- Zhang switches focus on developing golf in China
- Thaworn hopes to find his ‘A’ game in Selangor Masters
- Khairy: RM8mil to be forked out for Sukma due to lack of sponsorship
- A chance for local cyclists to shine
- Rahul survives weekend of harsh hurdles in Norfolk
- MGF set wheels in motion to unearth young talents
- Steady as Jie goes
- Ferrer loses title after opening round loss
- Heat edge Spurs in overtime to force Game 7 in NBA Finals
- Nightmare over topless pictures
- ‘Body buried 13 storeys deep’
- Striptease queen married five times in search of true love, says author
- It’s Honda Accord now for ministers
- Singapore's air turns "hazardous" as Indonesian fires rage
- Chieftains handing out dubious titles
- Fake Facebook posting claims housewife is offering sex
- Titles with no standing draw renewed attention
- ‘Don’t go out to Straits of Malacca at night’
- NS trainee gives birth in camp toilet
- Use of psychometrics assessment for employees can be controversial
- It’s Honda Accord now for ministers
- Singapore's air turns "hazardous" as Indonesian fires rage
- Nightmare over topless pictures
- Chieftains handing out dubious titles
- Striptease queen married five times in search of true love, says author
- ‘Body buried 13 storeys deep’
- MCMC offers free money to small businesses, few takers
- China’s Comtec to build one of world’s largest solar wafer making plants in Kuching for RM1.2bil
- Sumatec shareholders to vote on Kazakhstan oil and gas asset buy
RSS
