When did the police receive the initial report regarding the alleged fund abuse?

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Police Received Initial Report on Alleged Fund Abuse Last Year

The police received the initial report concerning alleged fund abuse amounting to RM30.7 million in the management of Caely (M) Sdn Bhd on May 25 last year. This investigation was initiated following an online article published on March 4 that alleged the existence of a "corporate mafia" in Malaysia. An investigation paper was subsequently opened under Section 409 of the Penal Code for criminal breach of trust by an agent.
Report Triggered by "Corporate Mafia" Article

The investigation into alleged financial misconduct within Caely (M) Sdn Bhd, a subsidiary of Caely Holdings Berhad, was prompted by an online article. This piece, published on March 4, carried the title "Rahsia Mafia Korporat Malaysia, Victor Chin Boon Long Peralat Penguatkusa Terbongkar," suggesting a hidden "corporate mafia" in Malaysia. The article alleged attempts by such a group to take over Caely following enforcement actions.
Investigation Opened Under Criminal Breach of Trust

Following the report received on May 25, 2022, the police opened an investigation paper. This paper was filed under Section 409 of the Penal Code, which addresses the offence of criminal breach of trust by an agent. This section is applicable when an agent, such as a director or employee, misuses entrusted property for their own benefit.
Second Report Filed for Evidence Tampering

A subsequent police report was lodged on September 21, 2022. This report was made under Section 201 of the Penal Code, which pertains to causing the disappearance of evidence of an offence or providing false information to screen an offender. This indicates that the investigation may have encountered attempts to obstruct justice or conceal relevant information.
Case Referred to Attorney-General's Chambers

Both investigation papers, one for the alleged criminal breach of trust under Section 409 and the other for causing the disappearance of evidence under Section 201, were referred to the Attorney-General's Chambers. This referral occurred on February 27 for further instructions and a final decision on the case. The Attorney-General's Chambers will determine the next steps, including whether to press charges.

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When did the police receive the initial report regarding the alleged fund abuse?

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