Politics · Malaysia Bureau
Ex-TH Properties manager charged with three counts of criminal breach of trust
A former Health and Safety Manager at THP Bina Sdn Bhd has been brought before the Sessions Court in Kuala Lumpur facing three charges of criminal breach of trust. The charges relate to alleged misappropriation of company funds.
LSN Malaysia ·
KUALA LUMPUR — The former Health and Safety Manager of THP Bina Sdn Bhd, a subsidiary of TH Properties, appeared in the Sessions Court here on Tuesday to face three counts of criminal breach of trust. The accused is alleged to have misappropriated company funds whilst holding a position of trust within the organisation. Details of the alleged amounts involved and the specific periods in question were presented before the court. The defendant was required to enter a plea on all three charges. The case marks the latest in a series of financial irregularities that have drawn scrutiny to corporate governance practices within the property development sector. TH Properties, a major player in Malaysia's real estate market, has not issued a public statement regarding the matter at this time.