Ex-unit trust consultant charged with misusing clients’ funds

Ex-unit trust consultant charged with misusing clients’ funds

PETALING JAYA: A former unit trust consultant has been charged in the Kuala Lumpur sessions court with offences relating to securities fraud involving purported unit trust investments.

The Securities Commission said Amran Amin, 58, pleaded not guilty to four charges before judges Azrul Darus and Norma Ismail in two separate courts.

The offences were said to have taken place in Kuala Lumpur between July 2021 and June 2022

Nadihah had pleaded not guilty to two charges on July 30 in relation to her role in the alleged offences.

Azrul allowed Amran bail of RM50,000 with one surety, while Norma set bail at RM20,000 with one surety.

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Both judges also ordered the accused to report to the SC’s investigating officer once a month pending the conclusion of the cases.

The SC was represented by its deputy public prosecutor, K Mageswary, and prosecuting officer Adibah Saiful Bahri. Amran was unrepresented.

The offences were said to have taken place in Kuala Lumpur between July 2021 and June 2022

Nadihah had pleaded not guilty to two charges on July 30 in relation to her role in the alleged offences.

Azrul allowed Amran bail of RM50,000 with one surety, while Norma set bail at RM20,000 with one surety.

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Both judges also ordered the accused to report to the SC’s investigating officer once a month pending the conclusion of the cases.

The SC was represented by its deputy public prosecutor, K Mageswary, and prosecuting officer Adibah Saiful Bahri. Amran was unrepresented.

Ex-unit trust consultant charged with misusing clients’ funds

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