Ex-MD claims trial to misusing position over appointment of husband and funds transfer
Farah Sabryna Nasarudin, 46, also pleaded not guilty to ordering the transfer of RM786,209.30 from the company to her bank account, for her benefit, and that of her Australian husband.
She claimed trial after the charge was read out to her before judge Hamidah Mohamed Deril.
According to the charge sheet, she had allegedly used her position as the managing director of Asiapac Oil & Gas Sdn Bhd to appoint her husband, Daniel Frederick Wall, as the company's technical adviser and had instructed the transfer of the funds.
She had allegedly not obtained the agreement or ratification of the company's general meeting.
The alleged offences occurred at the company based at Q Sentral in Jalan Sentral between Jan 27, 2021 and July 28, 2023.
The charge under Section 218(1)(d) of the Companies Act, punishable under Section 218 (2) carries a jail term of up to five years or a maximum RM3 million fine or both upon conviction.
Deputy public prosecutor Nur Shakila Shariff urged the court to set bail at RM30,000 and to order the accuse to surrender her passport to the court until disposal of the case.
Defence lawyer A. Narainasami asked for a lower bail as the accused is supporting five school going children and an aged mother.
Hamidah allowed bail of RM20,000 with one surety and set Sept 3 for mention.
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