KUALA LUMPUR, July 1 — Former Bank Negara assistant governor Datuk Mohamad Daud Dol Moin was charged today with corruption involving a contract to supply polymer banknotes awarded to an Australian company between 2003 and 2007.
Mohamad Daud is accused of accepting RM100,000 from Abdul Kayum Syed Ahmad on two separate counts — RM50,000 on December 1, 2004 and another RM50,000 on February 16, 2005 at a cafe in Bangsar Shopping Centre here.
Mohamad Daud (centre) is led into court on July 1, 2011 to be charged over a banknote scandal. — Picture by Choo Choy May
The former Bank Negara official has been charged under section 11(a) of the Anti-Corruption Act 1997 which is also punishable under section 16 of the same Act.
If found guilty, he faces a prison term of not less that 14 days and not exceeding 20 years, and a fine five times the graft amount or RM10,000 (whichever is higher.)
Abdul Kayum is accused of bribing Mohamad Daud with the same on two separate counts through a third party- RM50,000 on November 14, 2004 and RM50,000 on February 15, 2005. The offences were allegedly committed at a bank in Subang Jaya.
He was charged separately in the Shah Alam Sessions Court under section 11(B) of the same Act. If found guilty, the businessman faces a prison term of not less that 14 days and not exceeding 20 years, and a fine five times the graft amount or RM10,000 (whichever is higher.)
Both pleaded not guilty to the charges, and posted bail.
Mohamad Daud is represented by Collin Goonting and J.D. Goonting while Manjeet Singh Dhillion is representing Abdul Kayum. Deputy public prosecutor Manoj Kurup is acting for the Attorney-General’s Chambers.
By G. Manimaran
Bahasa Malaysia Editor
July 01, 2011
Abdul Kayum (left) leaves after being granted bail by the police, July 1, 2011. — Picture by Choo Choy May
KUALA LUMPUR, July 1 — A former Bank Negara assistant governor and a businessman will be charged separately — in the capital and Shah Alam respectively — for graft in a contract to supply polymer banknotes awarded to an Australian company between 2003 to 2007.
Both are being charged in special anti-graft courts simultaneously with six other individuals and two companies who will also be brought to court in Australia today.
“They are being charged under new provisions in Australia... it is linked to the case in Malaysia,” a source told The Malaysian Insider.
Last year, the Malaysian Anti-Corruption Commission (MACC) also detained three individuals linked to the supply of RM5 polymer notes from an Australian company.
They were arrested following a report that Melbourne-based Securency International had offered bribes to officials in Malaysia.
Following the news report, all three, including a businessman, were charged with being paid RM11.3 million to secure the contract from Bank Negara and to ensure that the government of Malaysia opted for polymer notes.
A sample of the RM5 bank note. — Picture courtesy of malaysianbanknotes.blogspot.com
Australian media reported that the businessman was an agent for Securency and another Australian firm, Note Printing Australia, between the late 1990s and 2007.
A recent report in Australian newspaper The Age said that Securency had hired a company chaired by the brother of Home Minister Datuk Seri Hishammuddin Hussein to help it win banknote contracts in Malaysia in 2009 as it could “offer it access to, and influence over, Malaysia’s top politicians”.
But the company, Liberal Texhnology Sdn Bhd, said that Datuk Haris Onn Hussein, who is also Prime Minister Datuk Seri Najib Razak’s cousin, had sold his shares in 2006.
The report noted however that Securency has not won any banknote contracts in Malaysia since its last major one in 2004 and said that it is not suggesting that Najib or Hishammuddin are involved with Securency’s deals.
Securency has previously secured contracts to print RM50 notes in conjunction with the Commonwealth Games in 1998 and the RM5 polymer notes in 2004.
The ex-central bank senior officer is alleged to have accepted bribes in 2004 and 2005 to help secure the RM95 million contract for the Australian firm.