IPOH: A property development company director has been charged in a Sessions Court here with criminal breach of trust involving RM100,000.
Chang Kok Kheong, 60, who was handcuffed, pleaded not guilty and claimed trial after the charge was read out by an interpreter before judge Datuk Julie Lack Abdullah on Thursday (April 4).
According to the charge sheet, Chang in his capacity as the director of Energizer Properties Sdn Bhd, was entrusted with the possession of a property but had abused his power over the excess loan payment of the shoplot under the names of Ng Yee Kian and Lee Sock Mei totalling RM100,000.
He, as an agent of the company, had between July 24, 2017 and July 14, 2017 allegedly carried out CBT by misusing the property for excess loan payment.
The charge under Section 409 of the Penal Code carries imprisonment between two and 20 years, whipping and fine upon conviction.
DPP Mohamad Nazreen Zabarudin asked the court to deny bail, saying the offence was non-bailable.
“However if the honourable court uses its discretion and offers bail, I would like to suggest a bail of RM20,000,” he added.
Chang’s lawyer Shahril Adli Zain said his client was the family’s sole breadwinner and had a wife, children and an aged mother to care for.
“My client has been cooperating with investigators and will not jump bail and will continue to be present in court whenever required,” he added.
The judge allowed bail at RM15,000 with one surety and fixed May 6 for case mention.