KUALA LUMPUR: A former remisier has pleaded not guilty in the Sessions Court here to a charge of defrauding the son of former Federal Territories minister Datuk Seri Raja Nong Chik Raja Zainal Abidin over the purchase of a golf equipment supply company shares.
Ali Imran Mohamad, 26, who at the time was an employee of CGS International Securities Malaysia Sdn Bhd, was charged with defrauding Raja Hamzah Abidin Raja Nong Chik, 36, by deceiving the victim into believing that the accused could manage the purchase of 1,000,000 units of MST Golf Group Berhad stocks at a price of RM900,000, when the accused did not made any purchase of the shares.
The deception prompted the victim to hand over RM900,000 to the accused, through a bank account in the name of "MZ Riqueza Resources" belonging to the mother-in-law of the accused, of which the accused had used RM655,440 for personal interests and only returned RM244,560 to the victim.
The act was allegedly committed at Dataran Maybank along Jalan Maarof in Bangsar here on July 18, 2023 in accordance with Section 420 of the Penal Code (for cheating) which provides for a minimum of one year and a maximum of 10 years in prison and caning and can be fined, if convicted.
Earlier, Deputy Public Prosecutor M. Saravanan proposed bail of RM70,000 with one surety while lawyer J. Joel Ruben who represented the accused asked for the bail to be reduced on the grounds that his client was not working and supporting his family and his wife was pregnant with their second child.
Judge Hamidah Mohamed Deril allowed the accused to be bailed at RM10,000 with one surety and fixed Feb 6 for the mention of the case. – Bernama
