Malaysia
Businessman in KL acquitted of six counts of fraud after prosecution fails to prove case involving nearly RM2m in bank deposits
The Sessions Court in Kuala Lumpur today acquitted and discharged a businessman on six counts of fraudulent possession of property involving nearly RM2 million in his bank account, two years ago. — iStock pic

KUALA LUMPUR, Oct 14 — The Sessions Court here today acquitted and discharged a businessman on six counts of fraudulent possession of property involving nearly RM2 million in his bank account, two years ago.

Judge Azrul Darus ordered the release of Shafarich Ong Abdullah, 51, after finding the prosecution had failed to prove a prima facie case against him at the end of the prosecution case.

Advertising
Advertising

"Therefore, the court acquitted and discharged the accused of all six charges and the RM6,000 bail to be returned to him,” said the judge.

Shafarich was charged with the offence of failing to provide a reasonable explanation as to how he had obtained the money amounting to RM1,920,000 which had been deposited into several bank accounts belonging to him.

He was charged with committing the offence at a shopping centre in Sentul here between May 9 and June 23, 2022,

The charge was framed under Section 29(1) of the Minor Offences Act 1955 which provides a maximum fine of RM1,000 or imprisonment for up to one year or both if convicted. — Bernama

Related Articles

 

You May Also Like