FORMER MIMOS BERHAD GM CHARGED WITH CORRUPTION

KUALA LUMPUR, May 11 (Bernama) -- Former MIMOS Berhad financial general

manager Khairuddin Khalid pleaded not guilty in the Sessions Court here today to

four counts of accepting bribe of about half a million ringgit 10 years ago.

Khairuddin, 52, was charged with obtaining the bribes, through Maybank

Berhad cheques, totalling RM502,602.37, from a businessman, Muhamad Khalid

Ismail, as gratification for him (Khairuddin) to invest RM5.5 million from Mimos

Berhad''s investment fund in Eight Asset Management Sdn Bhd.

The offences were allegedly committed at the office of Eight Asset

Management Sdn Bhd at Suite 17.3-17.4A, 17th floor, Menara Weld, 76, Jalan Raja

Chulan here between May 23, 2001 and Feb 8, 2002.

Khairuddin, now a manager at a private company, is charged under Section

11(a) of the Anti-Corruption Act 1997, punishable under Section 16, which

provided a maximum imprisonment for 20 years and fine of not less than five

times the amount of the bribe involved or RM10,000 or whichever is higher.

Judge K.M Nithiyananthan (rpt:K.M Nithiyananthan) allowed Khairuddin bail of

RM40,000 with one surety and set June 7 for mention.

-- MORE

COURT-CORRUPTION 2 (LAST) KUALA LUMPUR

Khairuddin was also ordered to report to the nearest police station once a

month.

Prosecution was conducted by deputy public prosecutor Mohd Sophian Zakaria,

while lawyer Mohd Shahrullah Khan represented Khairuddin.

-- BERNAMA

SYJ NAK MIS

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