KUALA LUMPUR: A former remisier has pleaded not guilty in the Sessions Court here to the charge of defrauding the son of former Federal Territories minister Datuk Seri Raja Nong Chik Raja Zainal Abidin in the purchase of a golf equipment supply company shares last year.
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 all MST Golf Group Berhad stock purchase amounting to 1,000,000 units with a selling price of RM900,000, when the accused did not make any purchase of the shares.
The deception prompted the victim (Raja Hamzah) to hand over money (RM900,000) to the accused, which he received 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.
Earlier yesterday, 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 is not working and his wife is pregnant with their second child.
Judge Hamidah Mohamed Deril allowed the accused to be bailed at RM10,000 in one surety and fixed Feb 6 for mention of the case. — Bernama
