Latest news with #WullersdorfResourcesSdnBhd
New Straits Times
24-04-2025
- New Straits Times
Family of three granted DNAA in Sabah gold mining fraud case
KOTA KINABALU: The Special Corruption Court today ordered a discharge not amounting to an acquittal (DNAA) for a family of three who were charged with cheating in relation to gold mining activities. Judge Jason Juga made the decision regarding Datuk Lo Fui Ming, his son Lo Teck Yong, and daughter Lo Choon Fung, following an application by the prosecution for the accused to be granted DNAA. The court also ordered the return of the trio's international passports and the refund of their bail money. Today's proceedings were held to mention the status of the representations. However, the prosecution informed the court that there was a new development and they applied for the trio to DNAA. "This application is subject to future developments. Should the case progress differently than expected, the prosecution will proceed with the charges," said the prosecution. Defence counsel Zahir Shah confirmed that he had been informed of the prosecution's application earlier in the day. "We have no objections. We also request that, upon the court granting the DNAA, the passports and bail amounts be returned to the accused," he said. Counsel Norbert Yapp appeared in court as watching brief counsel for the Wullersdorf Resources Sdn Bhd. Fui Ming is the former Chief Executive Officer of Wullersdorf Resources Sdn Bhd. His son, Teck Yong, is a former director of the same company, while his daughter, Choon Fung, is the Director of Southsea Gold Sdn Bhd. Fu Ming, 69, and Teck Yong, 43, are accused of cheating the Sabah government — namely the Department of Lands and Surveys — by not reporting the number of gold bars and illegally selling the gold bars to a private company while knowingly causing financial losses to the state. They were accused of committing the offence between 2019 and 2023, and had caused losses of more than RM1.3 million to the Sabah government.
Daily Express
24-04-2025
- Business
- Daily Express
Businessman, children granted DNAA over forged gold ingot documents
Published on: Thursday, April 24, 2025 Published on: Thu, Apr 24, 2025 Text Size: Lo (second right) and Zahir at the court complex. KOTA KINABALU: The Sessions Court on Thursday granted a discharge not amounting to an acquittal (DNAA) to a businessman and his two children in a case involving over RM1.3 million in alleged losses to the Sabah Government. Judge Jason Juga issued the order to former Wullersdorf Resources Sdn Bhd Chief Executive Officer (CEO) Datuk Lo Fui Ming, his son Lo Teck Yong, and daughter Lo Choon Fung following an application by the prosecution. The trio were previously charged with cheating the government through forged documents relating to the sale of gold ingots mined from Bukit Mantri, Tawau. The prosecution told the court a new development had emerged and that they may resume charges depending on future circumstances. Defence counsel Zahir Shah did not object and requested the return of the accused's passports and bail, while Norbert Yapp appeared as watching brief counsel for Wullersdorf Resources Sdn Bhd. * Follow us on Instagram and join our Telegram and/or WhatsApp channel(s) for the latest news you don't want to miss. * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
The Star
24-04-2025
- Business
- The Star
Sabah graft court discharges three in gold mine case
KOTA KINABALU: The Special Corruption Court here has discharged, but not acquitted, three family members facing charges linked to a gold mine operation in Bukit Mantiri, Tawau, on Thursday (Apr 24). The accused are former Wullersdorf Resources Sdn Bhd chief executive officer Datuk Lo Fui Ming, his son, Lo Teck Yong, a former director of the same company, and daughter, Lo Choon Fung, a director of Southsea Gold Sdn Bhd. Judge Jason Juga ordered all three to be released from their respective charges. In the same case, Fui Ming, 69, faces 24 charges under Section 418 of the Penal Code for allegedly committing fraud while knowing it could result in undue loss to an interested party. His son, Teck Yong, 43, has been charged with 24 counts under Section 109 of the Penal Code for abetting the offence. They were accused of deceiving the Sabah state government, particularly the Lands and Surveys Department, by omitting the actual quantity of gold bars in invoices and production reports. The gold was allegedly sold illegally to another company, resulting in losses exceeding RM1.3mil to the state. If convicted, they could face imprisonment of up to seven years, a fine, or both. Meanwhile, Fui Ming and Choon Fung also face four charges for using false documents as genuine. According to the charge sheet, the two are accused of jointly using four forged letters under the name of Southsea Gold Sdn Bhd titled 'Unauthorised Occupation of Southsea Gold Lease Land for Mining Operations' dated March 3, 2020, December 10, 2020, October 13, 2021, and January 3, 2022.
