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Ahmad Zubir allegedly also failed to inform Sime Darby's board of the arrangement, and the fiasco cost the company some 100 million ringgit ($30 million), the prosecutor added.
Sime Darby is the world's largest listed palm-oil producer by acreage and one of Malaysia's biggest conglomerates, with its portfolio also including power, property and other divisions.
Ahmad Zubir allegedly also failed to inform Sime Darby's board of the arrangement, and the fiasco cost the company some 100 million ringgit ($30 million), the prosecutor added.
ReplyDeleteSime Darby is the world's largest listed palm-oil producer by acreage and one of Malaysia's biggest conglomerates, with its portfolio also including power, property and other divisions.