Whatever the reasons...a very dangerous precedent has been set. Future Corporate crimes committed, and illegal gains made.....for all this, we now know, that only fines will be paid.
This AG has shown what many have feared. Shortcomings in intellectual deliberations and reasoning. In simple kampong cliche, it is eqivalent to "tak masuk akal". The AG is not pursuing criminal charges against Serba Dinamik top executives, and allowing them go with just fines for heinous corporate crimes perpetrated by those, whose reputations, unfortunately, has preceded them!
Ask the following two questions and thou shall discover the Opposites:
1. Is it not that an audited company account a direct documentary evidence and NOT circumstantial evidence ?
2. Is it not in the "public interest" that the officers of a public company found to have falsified its account be severely punished to maintain public confidence of the financial market, and NOT be let off by a gentle slap of the wrist ?
https://newswav.com/A2205_g6fv3G?s=A_JV7nXZI
Another Bombshell for the Malaysian Rakyat Corruption in the Securities Commission. The family connections and covering their backsides. 1. The girl 👆 Sharifa Munira is the daughter of Syed Zaid Albar (the Chairman of the Securities Commission). Syed Zaid used to be on the board of Yinson Bhd. After he resigned, his daughter replaced him. 2. Gooi - is also a board member of the SC, where Syed Zaid is the chairman. Gooi is also in Areca Capital. 3. Raja Zaharaton - is Tengku Zafrul’s mother, and partner of Gooi in Areca Capital. Cosy relationships. Tengku Zafrul was accused of insider trading, but he was let off the hook by Syed Zaid. The SC investigation team wanted to press charges against Zafrul but Syed Zaid unilaterall…
It is a precedent set with an express purpose in mind. Corruption in high places does not warrant jail terms. That is the message being sent. There have already been a number of cases where criminal have been set free on payment of fines or even partial return of stolen funds. Crime does pay. Guess who is will be the king of all the thieves who are or will be pardoned.