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25 November 2015

NFCorp boss acquitted of CBT

NFCorp boss acquitted of CBT

THE STAR
     
    KUALA LUMPUR: The sessions courts has acquitted National Feedlot Corporation (NFCorp) executive chairman Datuk Seri Dr Mohamad Salleh Ismail (pic) of two criminal breach of trust charges amounting to RM49.7mil.
    The decision was made by judge Norshahidah Awang on Tuesday.
    On March 12, 2012, Dr Mohamad Salleh, in his capacity as NFCorp director, was charged with CBT amounting to RM9.7mil to fund part purchase of two units of condominium here and transferring RM40mil into the account of National Meat & Livestock Corporation, which he owns with one of his sons.
    He is said to have committed the first offence at the CIMB Islamic Bank branch in Taman Tun Dr Ismail here between Dec 1 and Dec 4, 2009 and the second offence between May 6 and Nov 16, 2009.

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