Ex-JCorp CEO charged with deceiving board over RM9.46mil investment

PETALING JAYA: Former Johor Corporation (JCorp) president and CEO Kamaruzzaman Abu Kassim has been charged with deceiving its board of directors over RM9.46 million in investments made three years ago.

He pleaded not guilty before sessions court judge Wan Mohd Norisham Wan Yaakob in Johor Bahru today, according to Berita Harian.

Kamaruzzaman is reported to have retired from JCorp on Dec 31, 2019 after serving the Johor state-owned conglomerate in various roles in finance. He was appointed CEO in December 2010. — Free Malaysia Today

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