Ex-director charged with embezzling, forging cheques amounting to RM10mil

Former company director Ooi Yee Ling claimed trial to all charges. (Bernama pic)

IPOH: A former company director was charged in the magistrates’ court here on 64 counts of embezzlement, forging cheques and using forged cheques involving about RM10.65 million.

Ooi Yee Ling, 46, pleaded not guilty to all charges under Sections 403, 467 and 471/467 of the Penal Code before judge Ainul Shahrin Mohamad.about:blank

She was also charged with four counts of falsifying documents – along with the company’s former consultant Yee Yat Kai, 64.

The offences were allegedly committed between Nov 17, 2017 and Feb 8, 2018 at several banks here.-

On the two offences under Section 403 of the Penal Code, Ooi was charged with the misuse of property for herself, where she had used a cheque belonging to an individual, Chan Chee Seng.

The offences under this section carries a minimum jail term of six months and a maximum of five years with whipping and also a fine upon conviction.

Under Sections 467 and 471/467 of the Penal Code, Ooi faces 62 charges of forging Chan’s cheques and using the forged cheques. If convicted, she can be jailed for up to 20 years and fined.

Deputy public prosecutor Faten Hadni Khairuddin applied to the court to set bail for Ooi at RM600,000 for all charges, including those read together, and a bail of RM200,000 for Yee on the four charges.

But lawyer Kenzaly Goik, representing both accused, appealed for the bail amount to be reduced on the grounds that Ooi, who runs a business selling clothes, has no fixed income, and her business had been affected by the Covid-19 pandemic. Yee, meanwhile, is an insurance agent who also has no fixed income and suffers from hypertension.

The court then set bail for Ooi at RM60,000 and for Yee at RM20,000 for all the charges. Re-mention has been set for Aug 19.

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