Bukit Aman: Two recent reports lodged against legal firms over CBT involving RM8m

  • 📰 malaymail
  • ⏱ Reading Time:
  • 26 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 86%

Commercial Crimes Investigation Department CCID News

Criminal Breach Of Trust CBT,Legal Firms,Law Firms

KUALA LUMPUR, May 17 — Police have received two recent reports alleging criminal breach of trust (CBT) by law firms which resulted in their clients losing a total of RM8...

Commercial Crimes Investigation Department director Datuk Seri Ramli Mohamed Yoosuf said a 60-year-old company director lodged the first report in Sungai Buloh, Selangor on May 15, claiming to have been cheated of RM3.2 million by a legal firm. — Bernama picKUALA LUMPUR, May 17 — Police have received two recent reports alleging criminal breach of trust by law firms which resulted in their clients losing a total of RM8 million.

“Last February, the complainant directed the lawyer to cancel the suit because the banking institution had agreed to reduce the loan interest rate for his company,” he told a press conference at Menara KPJ here today.Following discussions, the lawyer agreed to deduct RM521,498.60 as legal fees and return the balance of RM3,202,164.97 to the complainant, he said.

“The complainant deposited RM4.8 million into the account of the legal firm appointed by the vendor company,” Ramli said.

Source: Law Daily Report (lawdailyreport.net)

Criminal Breach Of Trust CBT Legal Firms Law Firms Ramli Mohamed Yoosuf

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bukit Aman: Banks urged to be aware of transfers made to suspected mule accountsKUALA LUMPUR, May 17 — Banking institutions have been urged to be more aware of money transfers made by individuals to company accounts suspected to be mule accounts for...
Source: malaymail - 🏆 1. / 86 Read more »

Bukit Aman: Four, including Vietnamese woman, held over suspected involvement in loansharkingKUALA LUMPUR May 17 — Three local men and a Vietnamese woman, 22 to 34, were arrested at a residence in Rawang Selangor on Tuesday for suspected involvement in a loansharking...
Source: malaymail - 🏆 1. / 86 Read more »

Investigation paper on suitcase filled with RM500,000 referred to Bukit AmanSHAH ALAM: Selangor police will refer the investigation papers regarding the discovery of a suitcase containing RM500,000 in cash in the parking lot o...
Source: theSundaily - 🏆 25. / 51 Read more »

Kertas siasatan kes bagasi RM500,000 dirujuk kepada Bukit AmanSHAH ALAM: Polis Selangor akan merujuk kertas siasatan kes penemuan bagasi berisi wang tunai RM500,000 pada Mac lepas kepada Bukit Aman dalam masa ter...
Source: theSundaily - 🏆 25. / 51 Read more »

Selangor has the highest number of sexual crimes cases in Malaysia: Bukit AmanPETALING JAYA: Selangor recorded the highest number of cases involving sexual-related offences in the country for the past three years. Bukit Aman sex...
Source: theSundaily - 🏆 25. / 51 Read more »

Selangor police to refer money-in-suitcase papers to Bukit AmanWith the help of his father-in-law, Yusof managed to locate Patimah Ismail and convinced her to return home.
Source: staronline - 🏆 4. / 75 Read more »