Criminal Breach Of Trust Malaysia Director

A director of a car company pleaded not guilty in the sessions court here today of criminal breach of trust involving the sale of a car valued at rm411 370 two years ago.

Criminal breach of trust malaysia director. Ipoh april 4 a 60 year old company director claimed trial to a criminal breach of trust charge involving rm100 000 at the session court here today. Chang kok kheong a director for energiser properties sdn bhd was charged with misusing rm100 000 in excess payment from a loan for a shop lot registered to ng yee kian and lee sock mei. Malaysiagazette com commenced operations on august 1 2013 to meet the challenges in the fast advancing world of cyber journalism in and out of the country. A recent example of such case was where a former executive director of a company was charged in the sessions court with seven counts of criminal breach of trust cbt involving more than rm8 6 million belonging to the company.

The directors are only liable for civil liability and not for criminal liability under the company law relating to the breach of fiduciary duty because the element of entrustment and misappropriation is absent in our companies act 2016. Kuala lumpur march 15 the case of former malaysian external intelligence organisation meio director general datuk hasanah abdul hamid who was charged with criminal breach of trust involving government funds totalling rm50 4 million will be heard at the high court.