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Ex-investment bank CEO charged with cheating involving RM139.8mil

2026-08-19 653 Dailymotion

A former CEO of UBB Investment Bank Limited pleaded not guilty in the Kuala Lumpur Sessions Court on Wednesday (Aug 19) to cheating UBB Amanah Berhad CEO Aida Aizura Othman over a RM139.8 million payment.

Razlan Raghazli, 43, allegedly misrepresented a disbursement letter as following legal advice it actually contradicted, causing the payment to ELMU Higher Education Sdn Bhd.

Read more at https://tinyurl.com/4z5hr47a

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