CMS deputy group chairman takes leave of absence 


KUALA LUMPUR: Cahya Mata Sarawak Bhd director and deputy group chairman Datuk Sri Mahmud Abu Bekir Taib has taken a leave of absence from all his posts in the company to facilitate an investigation over alleged conflict of interest.

The allegations, Cahya Mata Sarawak told Bursa Malaysia today, were received through the Group’s whistleblower channel.

"Upon receipt of the whistleblower complaints, before reporting to the authorities, the Board acted immediately to carry out a full investigation to discharge its fiduciary duties to protect the best interest of the Company and all stakeholders," it said.

The company said today it has reported to the authorities allegations of conflict of interest involving Mahmud Abu Bekir Taib and former Chief Information Officer, Karl Vink @ Khalid Abdullah.

"In order to facilitate a full and transparent investigation by the authorities, Datuk Sri Mahmud Abu Bekir Taib has voluntarily taken leave of absence from all his positions in the Group," it said.

"The Board assures all stakeholders that we have upheld the highest standards of corporate governance expected of the Board and have carried out our fiduciary duties to the best of our abilities," i

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