KUALA LUMPUR (April 22): Cahya Mata Sarawak Bhd (CMS) deputy group chairman Datuk Seri Mahmud Abu Bekir Taib said he is seeking leave of absence from all his positions in the group, as the group launches an investigation into allegations of conflict of interest involving him and former CMS chief information officer Karl Vink @ Khalid Abdullah. In a statement, Mahmud Abu Bekir said he had decided “after careful consideration and with a heavy heart” to seek leave as director of CMS, CMS I-Systems Sdn Bhd, CMS Capital Sdn Bhd, deputy group chairman, chairman of the Digital Transformation Committee and member of the Nomination and Remuneration Committee. "In order to facilitate a full and transparent investigation by the authorities, Datuk Seri Mahmud Abu Bekir Taib has voluntarily taken leave of absence from all his positions in the group," it said. “We thank Datuk Seri Mahmud Abu Bekir Taib for graciously taking leave of absence from all his positions in the group, an exemplary conduct of good corporate governance,” said the board. He served as interim group chairman from May 10, 2018 to Oct 1, 2018.

Source: The Edge Markets April 22, 2021 11:36 UTC