Ex-UiTM Holdings CEO charged with CBT involving RM37.37 mil [WATCH]
KUALA LUMPUR: Former UiTM Holdings Sdn Bhd (UHSB) group chief executive officer Azlizan Fadzil was charged at the Sessions Court here today with criminal breach of trust (CBT) involving RM37.37 million meant for a large-scale solar power project in Gambang, Pahang.
![Ex-UiTM Holdings CEO charged with CBT involving RM37.37 mil [WATCH]](/img/11083494)
Former UiTM Holdings Sdn Bhd CEO Azlizan Fadzil appeared at Sessions Court in Kuala Lumpur today, charged with criminal breach of trust (CBT) involving RM37.37 million allocated for a solar power project in Gambang, Pahang. The 53-year-old pleaded not guilty to the charge, read out before Sessions Court judge Datuk Mohd Nasir Nordin.
Azlizan was entrusted with the sum to invest in a 50-megawatt solar photovoltaic power generation project, but prosecutors allege he dishonestly misappropriated the funds by making payments for unrelated purposes between February 2 and October 2, 2017, at Affin Bank Berhad's UiTM Shah Alam branch. If convicted, he faces imprisonment for 2 to 20 years, whipping, and a fine, under Section 409 of the Penal Code.
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- Ex-UiTM Holdings CEO charged with CBT over RM37.37m meant for Pahang solar project malaymail.com
- Ex-UiTM Holdings CEO claims trial to RM37.4mil CBT freemalaysiatoday.com
