KUALA LUMPUR: A businessman with a “Datuk” title and his wife were charged in separate Sessions Court here today with several counts of illegal deposit taking, allegedly for investments in a rice business.
The couple, Ridzwan Azizuddin, 60, and Habibah Hassan, 54, both owners of a rice wholesale company, pleaded not guilty to the charges made against them before judge Suzana Hussin and judge Azrul Darus, respectively.
In the court before Judge Suzana, they were jointly charged with accepting two cheques for RM452,200 from one Lahadzir Salleh, 78, without a licence as provided under Section 10 of the Financial Services Act 2013.
Ridzwan and Habibah were alleged to have committed the offence at Stesen Beras behind the Hulu Kelang Giant Hulu Kelang here between Jan 4 and 9, 2017.
The charges were made under Section 137(1) of the Financial Services Act, which provides an imprisonment for up to 10 years or fine of up to RM50 million, or both, upon conviction.
Suzana allowed them bail of RM60,000 in one surety each on both charges and also for them to report to the nearest police station on the first Monday of every month and to surrender their passports to the court.
The prosecution was conducted by deputy public prosecutor Goh Ai Rene.
In the court before Judge Azrul, Habibah was charged with a similar offence with accepting a total of RM141,312.50 from one Ahmad Zehnunbin Abdul Majid, 71, at Stesen Beras Empayar Baiduri, Taman Permata, here on Nov 30, 2016.
She was allowed bail of RM30,000 in one surety.
Deputy public prosecutor Ng Wee Li prosecuted in this case.
Both the courts set Oct 22 for mention.