Crime & Courts

Telco CEO charged with fraud over RM47.25 million contract award

SHAH ALAM: A telecommunications company chief executive officer pleaded not guilty at the Sessions Court here today to two counts of fraud related to the awarding of a RM47.25 million contract three years ago.

Mohd Razain Hashim, 45, of RD Comm & Network (M) Sdn Bhd is charged under Section 420 of the Penal Code for defrauding a construction company chief operations officer by convincing him to believe that the accused could award the RM47.25 million project for engineering services and fixed monopole installation to the company.

He is charged with inducing the victim to bank in RM150,000 and RM100,000 online to RD Comm & Network's Maybank account at the Taman Putra Maybank branch in Ampang, Selangor on April 29 and May 3, 2021.

Judge Datuk Anita Harun set bail at RM100,000 with one surety and allowed the accused to pay RM20,000 today and the remaining RM80,000 on March 11, and instructed the accused to report to the nearest Malaysian Anti-Corruption Commission (MACC) office every month. 

Case mention is set for April 24. MACC prosecuting officer Mohd Aliff Shaharuzaman is acting for the prosecution while lawyer T Harpal Singh is the accused's counsel.

An arrest warrant had been previously issued against Mohd Razain after he failed to show up at court on Feb 28.-- BERNAMA 

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