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 Malaysian court today, denying charges of criminal breach of trust involving RM37.4 million. The alleged misappropriation of company funds, intended for a 50MW solar power project in Pahang, was said to have been diverted to other uses. Prosecutors claim Azlizan misused the money between February and October 2017.
If found guilty, the 55-year-old faces up to 20 years imprisonment, caning, and a fine. Judge Nasir Nordin released Azlizan on bail of RM50,000 with two sureties, and ordered him to surrender his passport. His case is scheduled for further management on November 3. Azlizan was represented by lawyer Hasshahari Johari Mawi, while deputy public prosecutor Law Chin How argued on behalf of the prosecution.
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.
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