KUALA LUMPUR, May 27 — The police denied claims by the Malaysian International Humanitarian Organisation (MHO) that no investigations were carried out on a report related to the sales and transfer of company shares that resulted in a RM3.5 million loss.
Bukit Aman Commercial Crime Investigation Department (CCID) director Datuk Seri Ramli Mohamed Yoosuf said that MHO secretary-general Datuk Hishammuddin Hashim had claimed in a statement that after investigations, the case had been classified as No Further Action, although there was evidence of fraud in the case.
A proper investigation was carried out, and the investigating officer and facts of the case have indicated that the complainant had received about 45 per cent from the overall value of the shares bought, according to a prior agreement.
“Moreover, in the agreement that was signed by the complainant, it was clearly stated in a clause that the complainant has the right to file a civil suit on the purchaser of the shares if the dues are not settled within the agreed period,” he said during a press conference at Menara KPJ today.
Ramli said the case had been referred to the Kuala Lumpur Prosecution Director on January 30, and it was agreed that the case was more of a civil offence and, thus, the case would remain classified as No Further Action.
“I would like to emphasise that the police had taken the necessary action according to the law, and the complainant has the right to file a civil suit against the buyer of the shares to recover whatever losses.
"By right, the MHO secretary-general, who is said to be a lawyer, should represent the complainants and file the case in the civil court,” he said.
— Bernama
