Woman jailed six months for misappropriation of company funds amounting to RM1.5mil


KUALA LUMPUR: An administrative manager of a Spanish-owned company which provides consultancy and business development services for the defence industry was sentenced to six months in jail by the Magistrate's Court here on Thursday (Nov 16) for misappropriating company funds amounting to RM1.5mil.

Magistrate Datin Sabariah Othman handed down the sentence on Tan I-Lynn, 38, after the woman pleaded guilty to two alternative charges.

She was sentenced to six months in prison on each charge to be served concurrently from the date of her arrest, which was Aug 22 this year.

On both charges, Tan was charged as an employee of Ada Vinci Global Sdn Bhd with misappropriating RM1,518,422.88 and RM58,354, respectively, belonging to the company.

She was charged with committing the offence at the company at Menara YNH Kiara 163, Jalan Dalam, Brickfields here, between Dec 3, 2021, and March 9, 2022.

The charge, under Section 403 of the Penal Code, provides imprisonment for up to five years and with whipping and was liable to fine, upon conviction.

Based on the facts of the case, Tan, who was also the personal assistant of the company owner as well as the authorised signatory of the company, was found to have used money belonging to the company amounting to RM1,576,776.88 between Dec 3, 2021, and Dec 10, 2022, for her own use, including to make payments for chocolate supply to her company, Orchid Impex Global.

Deputy Public Prosecutor Raihanah Abd Razak prosecuted, while Tan was represented by lawyer Puvarasan B.R. - Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Do you know...about Pulut Udang?
PM congratulates Trump, hopes for US to end wars
Why no checks on FashionValet losses, ask MPs
Rain alert app to warn of thunderstorm
Proceed with care and attention to detail, say stakeholders
Armed Forces probe into cadet assault ends tomorrow
A web of scum and villainy
Win some, lose some with Trump
Outcomes unjust for some on ‘undesirable’ list
Couple’s house searched

Others Also Read