RM80m CBT charge


  • Nation
  • Saturday, 18 Dec 2004

BY M. MAGESWARI

KUALA LUMPUR: A former general manager of BBMB Securities Sdn Bhd has been charged with committing criminal breach of trust involving RM79.9mil, the biggest CBT case ever tried in the country. 

Abdul Jalil Yaakob, 48, of Subang Jaya, who was entrusted with control of the funds belonging to the BBMB Securities, is accused of dishonestly disposing of them by illegally increasing the trading limit of the company’s dealer representative, Cherie Tham Hong Gaik. 

He is said to have committed the offence under clearing account number CLRHOI, amounting to RM79.9mil, without the company board of director’s approval. 

Abdul Jalil, who was the general manager of BBMB Securities' Business Development Division, is alleged to have committed the offence at Menara Raja Chulan in Jalan Raja Chulan at about 9am on Dec 23, 1997. 

OUT ON BAIL: Abdul Jalil leaving the court premises after his brother posted the RM200,000 bail imposed the Session Court Friday.- Starpic by Azhar Mahfof.

If found guilty, he can be jailed up to 20 years, whipped and fined under Section 409 of the Penal Code. 

Abdul Jalil claimed trial. 

He was taken to the courtroom at 10.30am.  

An officer from the Anti-Corruption Agency (ACA) accompanied him after arresting him earlier in the day. 

Abdul Jalil, of Subang Jaya, who had resigned from his job, sat in the back row of the public galley and chatted with his family members until his case was called. 

DPP Kevin Morais, from the ACA headquarters in Putrajaya, asked the court to impose a RM200,000 bail with one surety and impound Abdul Jalil’s passport. 

Counsel Tan Hock Chuan, who agreed to the bail amount and the surrendering of the passport, said the defence would apply for the passport if it needed to do so later. 

Sessions Court judge Nursinah Adzmi concurred and fixed four days from Oct 17 next year for trial. 

Abdul Jalil’s elder brother posted bail.  

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