Sabah Water Department scandal: No record of accused having traded in shares
Published on: Thursday, June 22, 2023
By: Cynthia D Baga
Glenn, who last time gave oral evidence in court on May 7, 2018, said that the seized money was handed over to an investigation officer by the name of Yusof because Yusof is the chief investigation officer for Lim’s cases.
Kota Kinabalu: The Special Corruption Court on Wednesday heard that former State Water Department (JANS) Director Ag Mohd Tahir Mohd Talib and his wife did not have a Central Depository System (CDS) account.
However, former JANS Deputy Director Lim Lam Beng who was jointly tried with Ag Tahir, and wife Fauziah Piut, had a CDS account said Participants Affair-Executive Senior Manager Bursa Malaysia Bhd Kuala Lumpur Arjunaidi Kailan.
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Arjunaidi said in CDS, there will be records of depositor personal information and depositor’s shares transaction at Bursa Malaysia.
“I confirm that Ag Tahir and Fauziah did not have a CDS account but Lim does which is has been dormant since Aug 3, 2020. The last transaction for his account was on March 21, 2012.
“ Dormant means the account has no shareholding and if the status of the said account remains dormant for five years, it will automatically be closed,” said Arjunaidi in his witness statement.
Arjunaidi started his service with Bursa Malaysia Berhad since 1999 as a Junior Executive.
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For his current position, Arjunaidi’s duty is to register membership in capital market and provide relevant information to the authorities.
Arjunaidi was testifying as the 37th witness before Sessions Court Judge Abu Bakar Manat, in the trial of Ag Tahir, 58, Fauziah, 55, and Lim, 66, to 37 counts of money laundering charges, involving cash and bank savings amounting to RM61.57 million, as well as unlawful possession of luxury goods.
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Meanwhile, the prosecution’s second witness, Glenn Lores, who was recalled by the prosecution, said the seizure of money allegedly from Ag Tahir, was made because it was believed the money came from illegal activity.
He said the money seized and a prepared search list were later handed over to an investigation officer for further action.
Glenn, who last time gave oral evidence in court on May 7, 2018, said that the seized money was handed over to an investigation officer by the name of Yusof because Yusof is the chief investigation officer for Lim’s cases.
He further testified that in a seizure form dated October 22, 2016, there were his signature and Lim’s signature on page one and two of the said form.
Deputy Public Prosecutor (DPP) Zander Lim, DPP Mahadi Abdul Jumaat and DPP Haresh Prakash Somiah conducted the prosecution while Lim was defended by Datuk Tan Hock Chuan, Baldev Singh, Karpaljit Singh and Aaron Lau and counsel Priskila Akwila Sinem defended Ag Tahir and Fauziah.
Trial continues.
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