{
  "id": 16003793,
  "title": "Former TH CEO, CFO plead not guilty to cheating over RM3.3bil hibah payment",
  "url": "https://urgent.news/2026/10/22/former-th-ceo-cfo-plead-not-guilty-to-cheating-over-rm3-3bil-hibah",
  "topic": "world",
  "section": "World",
  "published": "2026-10-22T05:16:14.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/news/nation/2026/10/1561268/former-th-ceo-cfo-plead-not-guilty-cheating-over-rm33bil-hibah-payment"
  },
  "original_language": "en",
  "account": "On February 9, 2018, two former executives of the Lembaga Tabung Haji (LTH) appeared in the Sessions Court in Kuala Lumpur, pleading not guilty to charges of cheating the board of directors. Datuk Rozaida Omar, the former CFO at 63, and Datuk Seri Johan Abdullah, the former CEO at 70, were accused of misleading the LTH board into approving inflated valuations of the organization's investment properties. The pair are alleged to have prepared and presented a working paper containing exaggerated property valuations for the financial year ending December 31, 2017, despite being aware that the properties should have been valued at lower market prices. This deception allegedly enabled the LTH to make hibah payments, totaling RM3.3 billion, to its depositors for the same financial year. The three properties involved in the case were Bangunan TH Platinum Park, Bangunan TH Perdana, and Bangunan TH Selborne. The alleged offense took place between 3 pm and 10:30 pm at Menara TH Tun Razak along Jalan Tun Razak. Upon conviction, the accused face a maximum penalty of five years imprisonment, a fine, or both. The charge, which falls under Section 417 of the Penal Code in conjunction with Section 34, carries a potential jail term of five years and a fine upon conviction. Rozaida was bailed at RM60,000 with one surety, while Johan's bail was also set at RM60,000 with one surety. The matter will be heard again on December 8 for the submission of documents.",
  "summary": "KUALA LUMPUR: Two former senior Lembaga Tabung Haji officers pleaded not guilty at the Sessions Court to a charge of cheating the board of directors in relation to hibah payments totalling RM3.3 billion for the 2017 financial year.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}