Nilai university CFO claims trial over RM6.56mil CBT
SEREMBAN: The chief financial officer (CFO) of a private university in Nilai pleaded not guilty in the Sessions Court here today to a charge of criminal breach of trust involving RM6.56 million in company funds between September last year and April this year.
SEREMBAN: The chief financial officer of a private university in Nilai, Noraini Aripin, appeared in court today, denying charges of criminal breach of trust involving RM6.56 million in university funds. The alleged misuse of the funds occurred between September 2025 and April 2026, as she allegedly made payments for purposes other than ad valorem duty to the Inland Revenue Board.
Noraini, 55, faced prosecution under Section 409 of the Penal Code, which could result in a maximum 20-year jail term, a fine, and whipping if found guilty. The prosecution requested bail of RM100,000 with two sureties, along with Noraini surrendering her passport and reporting monthly to the Negri Sembilan Malaysian Anti-Corruption Commission office.
However, her lawyer, Kelvin Ong, argued for a lower bail amount of RM50,000, citing Noraini's status as a mother of five, her ongoing treatment for stage-three breast cancer, and her monthly income of RM15,000. The court ultimately set bail at RM80,000 with two sureties. The court scheduled a mention for September 21.
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- Nilai private university CFO accused of RM6.56m CBT linked to IRB duty payments malaymail.com
- Nilai university’s CFO charged with RM6.56mil CBT freemalaysiatoday.com
