GEORGE TOWN: A businessman has been charged with eight counts of cheating a company director involving losses of about RM1.9 million.
Chan Eng Leong, 48, pleaded not guilty to all the charges.
He was alleged to have deceived company director Goh Kim Heong, 39, of Global Tobacco Manufacturer (International) Sdn Bhd, into transferring RM1,895,020 in shares to his company, Natural Transforms Sdn Bhd, in return for settling a cigarette tax case with the customs department.
The offences were allegedly committed in April, June and August 2019.
He was allowed bail of RM230,000 in one surety for all charges, and ordered to surrender his passport and report to the police once a month until the case has been completed.