Singaporean businessman charged with breach of trust involving 500,000 shares
KUALA LUMPUR: A Singaporean businessman pleaded not guilty in the Sessions Court to a charge of criminal breach of trust involving 500,000 shares belonging to a company, four years ago.
A Singaporean businessman, Poh Po Lian, pleaded not guilty in the Sessions Court to a criminal breach of trust charge involving 500,000 shares of a company, four years ago. The charge, brought under Section 406 of the Penal Code, alleges that Poh, along with an unknown accomplice, transferred shares from Tan Sri Ta Kin Yan to Jennifer Kok Sau Keng without the consent of six entitled individuals.
The alleged crime occurred on July 31, 2022, at a residential unit in Solaris Dutamas, Jalan Dutamas 1. The maximum sentence for conviction is 10 years in jail, along with whipping and a fine. Deputy public prosecutor Dr Ifa Sirrhu Samsudin proposed bail at RM1 million, with two sureties, including a Malaysian citizen with a permanent address.
Poh's lawyer, Datuk Jerald Gomez, requested a lower bail amount, citing his client's long-term residency and business ties in Malaysia. The court granted bail at RM400,000 with additional conditions, including reporting to the Malaysian Anti-Corruption Commission monthly and not interfering with witnesses. The next court appearance is set for December 8.
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