2 directors fined RM200,000 over Tabung Haji withdrawals

KUALA LUMPUR: Two Metrowangsa Asset Management Sdn Bhd (MAM) directors were fined RM200,000 each by the Sessions Court here Tuesday for abetting in the withdrawal of RM50mil from its Tabung Haji account.

Ghazali Atan, 57, and Mohamed Abdul Wahab, 58, were found guilty of abetting in the withdrawal of the money from the Tabung Haji account maintained by the company with Malaysan Banking Berhad in Jalan Selaman 1, Palm Square, Ampang, between April 18 and May 24 in 2001.