Two company directors charged with misappropriation of deposit money

PETALING JAYA: Two engineering company directors pleaded not guilty in the Magistrate's Court here today to dishonest misappropriation of a deposit on the investment of a wifi vending machine.
K. Selva Rajah, 42, and Jazlan Abdullah, 46, were charged with misappropriating RM5,000 belonging to a couple that was deposited into a CIMB Bank account registered under the company, Sunner Innovations Sdn Bhd.
They allegedly committed the offence at a hotel here between 3.31pm and 10.50pm on June 3.
The charge, under Section 403 of the Penal Code, carries a maximum five years imprisonment with whipping and liable to a fine, upon conviction.
Deputy public prosecutor Natasha Chin Le Jy, who prosecuted, offered bail at RM8,000 in one surety, but counsel Mohd Redzuan Mohamed Yusoff, representing the duo, requested for a lower bail as each of his clients had to support three children and unemployed wife.
Magistrate Datin Fadzlin Suraya Mohd Suah set bail at RM6,000 in one surety each and fixed Oct 30 for re-mention.
It is learned that the couple had booked a wifi vending machine from the company and paid a deposit of RM5,000.
Under the company's agreement, the deposit will be refunded if cancellation is made within 10 days but when the couple made a cancellation, the company is alleged to have not returned the money. — Bernama