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Ex-UiTM Holdings CEO charged with CBT over RM37.37m meant for Pahang solar project

KUALA LUMPUR, Oct 1 — A former group chief executive officer of UiTM Holdings Sdn Bhd was charged today with criminal breach of trust involving RM37.37 million earmarked for a...

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前UiTM控股公司首席执行官因挪用本应用于彭亨州太阳能项目的3737万令吉资金而被控刑事失信

A former group CEO of UiTM Holdings Sdn Bhd, Azlizan Fadzil, has been charged with criminal breach of trust for allegedly misappropriating RM37.37 million intended for a large-scale solar project in Pahang.

Azlizan, 53, who used his capacity to divert funds for purposes other than the designated investment, pleaded not guilty to the charges under Section 409 of the Penal Code.

The alleged offences occurred between February and October 2017 at Affin Bank's UiTM Shah Alam branch.

If convicted, he faces a jail term, potential whipping, and a fine.

KUALA LUMPUR, Oct 1 — A former group chief executive officer of UiTM Holdings Sdn Bhd was charged today with criminal breach of trust involving RM37.37 million earmarked for a large-scale solar power project in Pahang.

Azlizan Fadzil, 53, pleaded not guilty after the charge was read to him before Sessions Court judge Datuk Mohd Nasir Nordin, the New Straits Times (NST) reported.

According to the charge, Azlizan was entrusted in his capacity as chief executive officer with RM37,374,612.68 intended for investment in a 50-megawatt large-scale solar photovoltaic power generation project in Gambang.

He is accused of dishonestly misappropriating the money by making payments for purposes other than the intended investment.

The alleged offence took place between February 2 and October 2, 2017, at Affin Bank Berhad’s UiTM Shah Alam branch at Menara Sultan Abdul Aziz Shah, according to the report.

Azlizan was charged under Section 409 of the Penal Code, which carries a jail term of between two and 20 years, whipping and a fine upon conviction.

He told the court interpreter that he understood the charge and the penalties.

NST reported that Azlizan arrived at the courtroom shortly before 9am in a wheelchair, accompanied by several family members.

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