Syed Saddiq pleads not guilty to misappropriating RM1m of Bersatu funds
KUALA LUMPUR (July 22): Former youth and sports minister Syed Saddiq Syed Abdul Rahman was charged and pleaded not guilty to misappropriation of over RM1 million belonging to a political party.
He was charged this morning in the Sessions Court here with criminal breach of trust (CBT) under Sections 405 and 406 of the Penal Code.
According to the charge read out to him before Judge Azura Alwi, Syed Saddiq is alleged to have withdrawn and misappropriated RM1 million on March 6, 2020 - over a week after the Sheraton Move which led to the collapse of the Pakatan Harapan government - from Parti Pribumi Bersatu Malaysia’s (Bersatu) youth wing known as Armada Bersatu without getting approval from party chiefs.
At the time, he was the chief of the youth wing of the party.
Investigations against the lawmaker began in June 2020 after a police report was lodged over the loss of RM250,000 which he had kept.
He, however, reported that the money belonged to him and his parents, and went missing from his Petaling Jaya home.
Syed Saddiq is currently serving as an independent Member of Parliament (MP) while awaiting the approval for the registration of the Malaysian United Democratic Alliance (MUDA), which he founded in September 2020 and is currently its president.
The Muar MP was also hit with an additional charge of misappropriating RM120,000 from the Armada Bersatu wing in 2018 before the general election.
He also pleaded not guilty to that charge under Section 403 of the Penal Code.
The judge then set RM300,000 in bail and one surety for the first charge and set RM30,000 in bail for the second charge.
Source : The Edge