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[UPDATED] Daud Bakar issues RM10.75m demands against two over alleged name misuse

KUALA LUMPUR: Tan Sri Mohd Daud Bakar has issued letters of demand against two individuals linked to an investment scheme, seeking RM10.75 million from each over the alleged unauthorised use of his name and professional reputation.

[UPDATED] Daud Bakar issues RM10.75m demands against two over alleged name misuse

Tan Sri Mohd Daud Bakar has issued letters of demand seeking RM10.75 million from two individuals, Datuk Norliza Tajudin and Datuk Seri Mahadi Badrul Zaman, allegedly for using his name and professional reputation without consent. The allegations arise from an investment scheme Daud was linked to, in which Norliza and Mahadi were involved.

Daud stated that he was unaware of the fundraising activities and had no involvement in the management of EEB or AUF. He mentioned that he only became aware of the issue after EEB defaulted on payments. Daud has requested repayment of RM750,000 from each individual, as well as RM10 million each for damages to his reputation and related expenses.

Both Norliza and Mahadi have pleaded not guilty to criminal breach of trust charges in relation to the EEB investment scheme.

Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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