Business magnate pleads guilty to abetting Ku Nan, fined RM1.5mil

Business magnate pleads guilty to abetting Ku Nan, fined RM1.5mil

KUALA LUMPUR: The High Court sentenced businessman, Datuk Tan Eng Boon to a RM1.5 million fine, in default of a one year jail time, for abetting former Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor in corruption.

High Court judge Justice Mohd Nazlan Mohd Ghazali passed the sentence after the property developer pleaded guilty to the offence at the court.

Before sentencing, Nazlan said he took into consideration aggravating and mitigating factors, as well as public interest before coming to his conclusion.

“The accused has pleaded guilty before the commencement of trial and this has saved the court’s time.

“The proportionate sentence, considering the crime, is a fine of RM1.5 million, in default of imprisonment of one year. The payment must be done by tomorrow,” the judge said.

Tan, who is currently on bail, was able to go home today pending the payment of the fine.

Earlier, Tan pleaded guilty to an alternative charge of abetting Tengku Adnan in an offence where the latter received a cheque worth RM 1 million for himself belonging to Pekan Nenas Industries Sdn Bhd.

The company is owned by Tan.

The offence was committed at CIMB Bank Bhd, Putra World Trade Centre on Dec 27,2013.

The charge under Section 109 of the Penal Code, read together with Section 165 of the same Code, provides for a maximum two years in jail or fine or both, upon conviction.