KUALA LUMPUR: A company owner being treated at a hospital was slapped with three charges of making false statements in 2017 totalling RM22.7 million for non-existent supplies of rice products to Kedah Agro Holding Bhd.
C. Kuganeswaran, 37, of Prolink Marketing Sdn Bhd, pleaded not guilty to the charges read out to him before Judge Rozina Ayob at a private hospital in Klang.
The three charges read that Kuganeswaran had given three sets of false documents to a SME Development Bank Malaysia Bhd agent for the Commodity Murabahah Term Financing - I Facility/Commodity Murabahah Revolving Financing - i Facility (CRMF-i-III).
It was meant for projects to supply rice products worth RM22.7 millon to Kedah Agro Holding Bhd.
However, none of the rice products were delivered and it was aimed to confuse its principals.
He was accused of committing the offences at the SME Development Bank Malaysia Bhd, here, on Jan 27, March 1 and 14 in 2017.
The offences come under Section 18 of the Malaysian Anti-Corruption Commission Act 2009 and punishable under Section 24(2) of the same Act.
Deputy public prosecutor Mohd 'Afif Ali prosecuted.
Rozina allowed bail of RM60,000 with one surety.
She also imposed additional conditions where Kuganeswaran must surrender his passport to the court within a month and he is blacklisted from travelling abroad.
He must also report to the nearest MACC office once a month.
The case is set for mention on Nov 23.