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aws账号(www.2km.me)_SC charges Serba Dinamik CEO

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Abdul Karim(file pic), who was initially thought to be at large and even had a warrant of arrest made against him, was present at the Kuala Lumpur Sessions Court yesterday when he was charged under Section 369(a)(B) of the Capital Markets and Services Act 2007 (CMSA).The charge involved an alleged false statement in relation to the revenue figure of RM6.014bil contained in Serba Dinamik’s quarterly report on consolidated results for the period ended Dec 31, 2020.

PETALING JAYA: The Securities Commission (SC) has charged Serba Dinamik Holdings Bhd chief executive officer and group managing director Datuk Mohd Abdul Karim Abdullah with furnishing a false statement to Bursa Malaysia.

Abdul Karim, who was initially thought to be at large and even had a warrant of arrest made against him, was present at the Kuala Lumpur Sessions Court yesterday when he was charged under Section 369(a)(B) of the Capital Markets and Services Act 2007 (CMSA).

The charge involved an alleged false statement in relation to the revenue figure of RM6.014bil contained in Serba Dinamik’s quarterly report on consolidated results for the period ended Dec 31, 2020.

Abdul Karim, 56, pleaded not guilty when the charge was read to him yesterday by Sessions Court judge Datin Sabariah Othman.

Sabariah set a RM500,000 bail with two sureties and ordered Abdul Karim to report to an SC investigative officer, pursuant to a schedule that will be determined by the commission at a subsequent date.

If found guilty, Abdul Karim will be liable to a jail term not exceeding 10 years and a fine not exceeding RM3mil.

Abdul Karim was in fact supposed to be charged on Tuesday.

However, as his whereabouts could not be accounted for, a warrant of arrest was issued against him.

The SC, on Tuesday, charged oil and gas services firm Serba Dinamik, as well as its executive director Datuk Syed Nazim Syed Faisal, group chief financial officer Azhan Azmi and accounts and finance vice-president Muhammad Hafiz Othman.Serba Dinamik bldg

“All three accused claimed trial to the charges filed against them.

“Sessions Court Judge Sabariah Othman fixed bail at RM300,000 with two sureties each and ordered the passports of all accused persons to be surrendered to court.

“Additionally, all three accused are required to report to the SC’s investigating officer on a monthly basis.”

The SC said Muhammad Hafiz was directly involved in instructing the preparation of false documentations, an offence under Section 368(1)(b)(i) of the CMSA.

“Muhammad Hafiz claimed trial to the charge filed against him.

“Shah Alam Sessions Court Judge Rozilah Salleh granted bail of RM200,000 with two sureties.

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