KUALA LUMPUR, Oct 1 — The former chief executive officer of UiTM Holdings Sdn Bhd (UHSB) pleaded not guilty in the Sessions Court here today to a charge of criminal breach of trust involving RM37.37 million in 2017.
Azlizan Fadzil, 52, who arrived at the court in a wheelchair, entered the plea after the charge was read out before Judge Datuk Mohd Nasir Nordin.
According to the charge, the accused who was the UHSB CEO at the time and entrusted with control over funds amounting to RM37,374,612.68 allocated for the investment and development of a 50MW large-scale solar photovoltaic power plant in Gambang, Pahang is alleged to have misappropriated the funds by making payments for purposes other than the intended project.
He is accused of committing the offence at Affin Bank Berhad, UiTM Shah Alam Branch, Level 2, Menara Sultan Abdul Aziz Shah, in the Petaling district of Selangor, between February 2, 2017, and October 2, 2017.
The charge was brought under Section 409 of the Penal Code, which carries a penalty of up to 20 years in prison, whipping, and a possible fine upon conviction. — Bernama
