Archive for June, 2007
Associated Press
By JULIA ZAPPEI
June 28, 2007
(KUALA LUMPUR, Malaysia) Prosecutors have appealed the acquittal of a former steel tycoon who was charged with corruption in one of Malaysia’s biggest financial scandals, an official said Thursday.
The prosecution will review the court’s decision to acquit Eric Chia, the former managing director of Malaysia’s top steel company, Perwaja, and [...]
Tan Sri Eric Chia’s acquittal yesterday offers yet another stark reminder that since coming to power in 2003 Prime Minister Dato’ Seri Abdullah Ahmad Badawi’s anti-corruption drive has been an utter failure.
The Court’s determination that the prosecution failed to present a compelling case against the former Perwaja chief is wholly unsatisfactory. At the same time, [...]
Associated Press
June 27, 2007
KUALA LUMPUR, Malaysia — A former businessman indicted in connection with one of Malaysia’s biggest financial scandals was acquitted of corruption charges yesterday when the judge ruled that prosecutors failed to provide sufficient evidence against him.
Eric Chia Eng Hock, who had close ties to former Prime Minister Mahathir Mohamad’s government in the [...]
June 26, 2007
Southeast Asian Press Alliance (SEAPA)
Police in the Sibu district in Sarawak, a Malaysian state on the Borneo island, have introduced restrictions on media coverage of crime stories, threatening journalists with arrest should they breach the new rules.
BBC News
June 26, 2007
A high-profile corruption case in Malaysia has ended with a top businessmen going free after a court dismissed charges against him.
Eric Chia, the former head of state firm Perwaja Steel, was accused of approving fraudulent payments to a fictitious company in the 1990s.
But the court said the prosecution had failed [...]
Cargonews Asia
June 20, 2007
Malaysian stock exchange chief executive Yusli Mohamed Yusoff has vowed to take action against Transmile if the scandal-hit airline is found to have breached bourse reglations.
“We are monitoring the situation very closely and we will take whatever action is necessary if there has been any wrongdoing,” Yusli said in Kuala Lumpur this [...]
The Star
June 13, 2007
PETALING JAYA: The entire audit committee of Transmile Group Bhd, which is involved in an accounting probe, resigned yesterday.
In a statement to Bursa Malaysia, Transmile said audit committee chairman Chin Keem Feung, and two members – Shukri Sheikh Abdul Tawab and Khiudin Mohd @ Bidin – had resigned from their posts held [...]
Asia Sentinel
June 3, 2007
With the prosecution team abruptly changing hands Monday, a Malaysian High Court judge has granted a two-week postponement of the politically-charged trial of three defendants for the gruesome murder last October of a 28-year-old Mongolian beauty.
Adding to the confusion, Zulkifli Noordi, a defense attorney for one of the policemen charged [...]