KUALA LUMPUR: The Court of Appeal on Friday dismissed an appeal by former director of LFE Corp Bhd Alan Rajendram a/l Jeya Rajendram, against his conviction for furnishing false statements to Bursa Malaysia in 2007. In 2012, Rajendran, 62, was sentenced to one year jail and fined a total of RM1.2 million after being convicted by the Sessions Court of four charges of knowingly permitting the furnishing of false statements by LFE to Bursa. His appeal against the decision was dismissed by the High Court on November 28 2016, following which he lodged an appeal to the Court of Appeal. The false statements were in relation to fictitious purchases of about RM119 million made by LFE International Ltd, a subsidiary of LFE, in all four quarters of LFE’s unaudited financial results for its year ended December 31 2007A three-panel bench presided by Justices Datuk Abang Iskandar Abang Hashim, Datuk Abdul Rahman Sebli and Datuk Yaacob Md Sam found no merit in the appeal, the SC said in a statement today. Rajendran was ordered to serve his jail sentence with immediate effect.

Source: New Strait Times March 26, 2018 13:52 UTC