Former MBSB vice-president fined RM22,000 for failing to report bribe

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KUALA LUMPUR: A former Malaysia Building Society Bhd (MBSB) vice-president has been fined RM22,000 by the Sessions Court here for failing to report a bribe to the Malaysian Anti-Corruption Commission.

The court fined Norhayati after she pleaded guilty to the charge here on Friday .

According to the charge sheet, Norhayati, who was MBSB's corporate recovery and project rehabilitation division vice-president at the time, was given a RM3,000 bribe that was deposited into her Maybank account by one Mohd Noor Siden, who was the director of Residenmas Development Sdn Bhd . The money was given to her for suggesting that MBSB's board of directors approve an application to convert a RM60mil financial guarantee to a RM10mil bridging loan to RDSB and therefore Norhayati had breached the legal provisions of the MACC Act 2009 for not reporting the incident.Norhayati was charged under Section 25 of the MACC Act 2009, which carries a maximum fine of RM100,000 or imprisonment of up to 10 years, or both, upon conviction.

The accused, who was unrepresented, told the court that she was remorseful over what had happened and that she was deceived by Mohd Noor, 59.Deputy Public Prosecutor Wan Shaharuddin Wan Ladin asked the court to impose a fine between RM20,000 and RM25,000."The accused has shown remorse by pleading guilty at the first instance but the court must consider her position and the obligation that she carried in the company.

"She had betrayed her role in the company. The court must strike a balance in sending a message to the public, that the public must report any graft activities to the MACC because the anti-graft agency could not function alone ," he said.Article type: metered

 

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Ex-MBSB veep fined RM22,000 for failure to report graft | New Straits TimesKUALA LUMPUR: A former vice president of the Malaysia Building Society Bhd (MBSB) was fined RM22,000 by the Sessions Court for failing to report bribery to the Malaysian Anti-Corruption Commission (MACC) when she was given a RM3,000 bribe, five years ago.
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Ex-MBSB veep fined RM22,000 for failure to report graft | New Straits TimesKUALA LUMPUR: A former vice president of the Malaysia Building Society Bhd (MBSB) was fined RM22,000 by the Sessions Court for failing to report bribery to the Malaysian Anti-Corruption Commission (MACC) when she was given a RM3,000 bribe, five years ago.
Source: NST_Online - 🏆 17. / 53 Read more »