Company director pleads not guilty to RM37.1mil CBT charge
Zul Azmi Abu Hussin, who has a 'Datuk Seri' title, faces a jail term of between two and 20 years, whipping and a fine, if convicted.
Datuk Seri businessman Zul Azmi Abu Hussin, 51, has pleaded not guilty to a criminal breach of trust (CBT) charge for RM37.1 million in company funds in 2022. Zul, who was a director of Xspec Resources Sdn Bhd, appeared in Kuala Lumpur sessions court and was granted bail of RM100,000 with one surety. The charge, under Section 409 of the Penal Code, carries a potential sentence of two to 20 years in prison, whipping, and a fine if convicted.
The prosecution sought a higher bail amount of RM500,000, but the defence argued that Zul needed to support his family and had health issues, leading to a reduced bail amount of RM100,000 with certain conditions. The case is set for a mention on October 5.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
