Former boss of trading firm denies falsifying documents


KUALA LUMPUR: A former executive chairman of a trading company claimed trial here to 86 counts of falsifying documents to obtain banker’s acceptance facilities from six banks involving RM41mil in losses eight years ago.

Kuan Pek Seng, 46, was charged in the Sessions Court here with dishonestly using documents as genuine attached with the banker’s acceptance applications in six banks — CIMB Bank, Bank Islam, Maybank, UOB Bank, Ambank and Alliance Bank — involving RM41mil between February and November 2005.

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