KUALA LUMPUR: A former Malaysian Building Society Berhad senior officer was charged in the Sessions Court with deceiving a local bank into releasing loan payment of RM38mil to a carpet company last week.
Raja Shahrulzaman Raja Shariff, 36, claimed trial to dishonestly sending by fax, a false bank guarantee purportedly issued by the HSBC Bank Bukit Bintang branch to the Eon Bank branch in Jalan Raja Laut, with the intention of causing it to accept the bank guarantee as genuine and release a RM38mil loan payment to Syarikat Korale Carpet Industry Sdn Bhd.
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