Source: Securities Commission lodges police report against Serba Dinamik | Malay Mail

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Source: Securities Commission lodges police report against Serba Dinamik

KUALA LUMPUR, April 23 — The Securities Commission Malaysia today filed a police report against Serba Dinamik Holdings Berhad, according to a source.

It was written in response to a February 7 High Court order compelling Serba Dinamik to divulge the factual findings update prepared by Ernst & Young Consulting , following a special independent review on the company over audit issues raised by its external auditor, KPMG. The oil and gas outfit alleged, among other things, that the SC had threatened its staff by asking them to turn witness against the company and management in exchange for not being charged.

“We will neither be intimidated nor deterred from carrying out our responsibilities to protect investors,” the source said.

 

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