Ex-UiTM Holdings CEO claims trial to RM37.4mil CBT
Azlizan Fadzil is accused of using the RM37.4 million, meant for a solar project in Pahang, for other purposes.
Former UiTM Holdings CEO Azlizan Fadzil appeared in a Shah Alam court complex and pleaded not guilty to charges of criminal breach of trust involving RM37.4 million in company funds. The accused is alleged to have misappropriated the sum, intended for a large-scale solar photovoltaic power generation project in Pahang, for other purposes instead.
The funds were allegedly misused between February and October 2017. Azlizan faces up to 20 years in jail, whipping, and a fine if convicted under Section 409 of the Penal Code. Judge Nasir Nordin set bail at RM50,000 with two sureties and ordered Azlizan to surrender his passport. Case management is scheduled for November 3, with Azlizan represented by Hasshahari Johari Mawi and the deputy public prosecutor appearing for the prosecution.
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