Was Aliza only a nominee for TC Lian despite claiming director status?

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Aliza Abd Malek Denies Nominee Status, Cites Verbal Shareholding Agreement with TC Lian

Aliza Abd Malek, a director of Nepturis Sdn Bhd, has stated that she is not a nominee for TC Lian, the individual alleged to have secretly held a 30% stake in the company. Aliza asserts that while her name and that of Mohd Rizman Akum Khan appear as the sole directors and shareholders in official Companies Commission of Malaysia (SSM) records, there was a verbal agreement to divide the company's shares among herself, Rizman, and TC Lian. Despite this private arrangement, Aliza maintains that she and Rizman were entrusted with operating the company as directors, with TC Lian providing capital and strategic guidance.
Director Compensation and Company Structure

The prosecution's lawyer suggested that Aliza's monthly income of RM12,500, comprising RM6,500 in basic pay and RM6,000 in allowances, was indicative of her being merely an employee rather than a genuine director. This argument was based on the premise that Nepturis, with a paid-up capital of RM7 million and numerous projects, would typically offer higher compensation or more substantial bonuses to its directors. Aliza's previous salary as a senior procurement executive at Nepturis was RM4,000, and her current income represents a significant increase.
TC Lian's Alleged Influence and Non-Disclosure

Aliza confirmed that TC Lian, despite not being officially listed as a director or shareholder after 2018, continued to exert influence over Nepturis. She acknowledged receiving instructions from Lian regarding company operations, finances, strategic direction, and specific projects. Furthermore, Lian was previously a signatory on Nepturis' bank accounts, and Aliza continued to receive financial directives from him even after she and Rizman became the sole signatories. Nepturis utilized its SSM records, which did not list Lian, to register with the Construction Industry Development Board (CIDB) and obtain Bumiputera status, without disclosing the private shareholding arrangement with Lian.
Verbal Agreement and Legitimate Shareholding Claims

Aliza disagreed with the assertion that the failure to disclose TC Lian's private shareholding to government bodies constituted deception. She explained that the verbal understanding was for TC Lian to hand over the company to her and Rizman, with shares to be split 50-50 between them. Consequently, she views her and Rizman's names appearing in the SSM records as legitimate, reflecting this agreed-upon ownership structure. Aliza also stated that neither the government, the Finance Ministry, nor Muhyiddin Yassin were informed of TC Lian's role as a shareholder, and she was unsure if Muhyiddin was aware of the private arrangement.

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Was Aliza only a nominee for TC Lian despite claiming director status?

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