Travel agent charged with using fake bank guarantees to secure RM22.5mil contract

KUALA LUMPUR: A vacation agent was charged at the Sessions Court docket here on two counts of utilizing wrong financial institution ensures paperwork for the proposed building of housing units for officers and personnel of the Ministry of Defence (Mindef) worth RM22.5mil.

Sulaiman Abdul Razak, 56, having said that, pleaded not guilty following the two costs from him were examine prior to Choose Kamarudin Kamsun on Friday (July 1).

He was billed with generating forged lender assures for the proposed building and completion of 338 housing units, as well as other connected works for army officers and staff of the Batu 10 Camp in Kuantan, Pahang, really worth RM3.75mil and RM18.75mil respectively.

The accused dedicated the two offences at Mindef, Jalan Padang Tembak, Sentul in this article, involving Oct 20 and Nov 15, 2006, beneath Part 471 of the Penal Code.

If convicted, he faces a highest jail sentence of 20 years and a high-quality.

Decide Kamarudin established bail at RM80,000 with one surety and purchased the accused to report to the closest police station once a thirty day period, as properly as surrender his passport to the court till the disposal of the scenario.

The courtroom also set Aug 1 for point out. – Bernama