Liew Kok Leong, a 53-year-old former director of ARB Development Sdn Bhd, has been formally charged in Kuala Lumpur sessions courts. He faces accusations of criminal breach of trust regarding RM5.5 million and money laundering involving RM403,000. Prosecutors allege that the misappropriated funds were intended for acquiring a majority stake in C&M Renewable Energy Technology Sdn Bhd but were instead diverted to facilitate the purchase of office properties in Ipoh. Liew entered a plea of not guilty to both charges before two separate judges. The courts have granted him bail totaling RM200,000 as the legal proceedings continue.
Source : Free Malaysia Today
Photo : Free Malaysia Today
