World · Malaysia Bureau
Ex-TH Properties official enters plea in RM14,000 CBT case
Tengku Kamarolhisham Tengku Kamaruddin, former deputy general manager of TH Properties, has claimed trial to criminal breach of trust charges involving construction penalties valued at RM14,000.
LSN Malaysia ·
The former executive appeared before the court to face allegations of criminal breach of trust, marking a fresh development in a case that has drawn scrutiny to governance practices within the property development sector. The charges relate to construction penalty amounts totalling RM14,000, which prosecutors allege were misappropriated during Tengku Kamarolhisham's tenure at the company. Court proceedings are expected to continue as the case moves toward trial. The allegations form part of broader investigations into financial irregularities at TH Properties, a subsidiary of Permodalan Nasional Bhd (PNB), Malaysia's largest sovereign wealth fund. The case highlights ongoing concerns regarding accountability and oversight in the management of major corporate entities in the country.