Counsel: Purchase of Telekom shares financed by bank loan


  • Nation
  • Friday, 18 Jan 2008

KUALA LUMPUR: Suspended Commercial Crimes Investigation Department Director Comm Datuk Ramli Yusoff has asked the prosecution to drop a third charge for alleged failure to disclose information on his ownership of 20,000 Telekom Malaysia shares, saying that the shares belonged to a bank. 

His lead counsel Datuk Muhammad Shafee Abdullah said the purchase of the shares were completely financed by a bank loan on Sept 18 last year. 

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