ID :
17878
Wed, 09/03/2008 - 11:35
Auther :
Shortlink :
http://m.oananews.org//node/17878
The shortlink copeid
SRI LANKAN BUSINESSMAN WHO JUMPED BAIL BACK IN COURT
KUALA LUMPUR, Sept 3 (Bernama) -- A Sri Lankan businessman who jumped
bail for over five years after being charged with three counts of cheating corporate figure Mohan Swami in the Sessions Court in 1998 involving RM661,730, was finally arraigned in the same court Tuesday after the prosecution successfully extradited him from Australia.
Jayantha Bertam Marcelline Fernando, 52, had been present in court during the course of the trial for six times with the last on Feb 11, 2003 and thereafter stopped coming, each time giving an excuse.
The Sessions Court also issued warrants of arrest against him at least 10 times after his passport was returned to him by the court to enable him to get treatment for heart problems in London.
The prosecution later tracked him down to Australia and got the extradition order on Friday.
Jayantha was charged in 1999 with deceiving Mohan that he could arrange a US$40 million (RM135.68 juta) loan for Chase Perdana Berhad at Chase Perdana Bhd's office at Suite 7, 24th Floor, Wisma Cycle Carri, Jalan Raja Laut here between March 25 1998 and April 24 1998.
The deception caused the victim to hand over RM57,000 to Simon & Spencer
(M) Sdn Bhd, a company owned by the accused, as cost to process the
loan.
He is also alleged to have deceived Mohan that he could arrange a US$37
million loan for Gold Falcon Inc, which caused the victim to hand over
RM49,200 as processing fees at the same place between March 25 1998 and Aug 5
1998.
For these two offences, he was charged under Section 420 of the Penal Code
and can be jailed up to 10 years, whipped and fined, if convicted.
Jayantha is further alleged to have deceived Mohan that he could arrange a
US$40 million loan for Chase Perdana, which caused the victim to borrow
US$10 million from Bayerische Landesbank's branch in Labuan. This caused Mohan
to incur lossses of US$163,835.65 (RM555,730) because of interest on the loan
taken.
This offence was allegedly committeed by Fernando at the same place as the
first two offences between March 25 1998 and Sept 29 1998.
Judge Rozana Ali Yusof increased the bail amount from RM20,000 previously
to RM30,000 in one surety and set Nov 25 for the trial.
Deputy Public Prosecutor Fatnin Yusof appeared fro the prosecution while
laywer Salehuddin Saidin represented the accused.
-- BERNAMA
bail for over five years after being charged with three counts of cheating corporate figure Mohan Swami in the Sessions Court in 1998 involving RM661,730, was finally arraigned in the same court Tuesday after the prosecution successfully extradited him from Australia.
Jayantha Bertam Marcelline Fernando, 52, had been present in court during the course of the trial for six times with the last on Feb 11, 2003 and thereafter stopped coming, each time giving an excuse.
The Sessions Court also issued warrants of arrest against him at least 10 times after his passport was returned to him by the court to enable him to get treatment for heart problems in London.
The prosecution later tracked him down to Australia and got the extradition order on Friday.
Jayantha was charged in 1999 with deceiving Mohan that he could arrange a US$40 million (RM135.68 juta) loan for Chase Perdana Berhad at Chase Perdana Bhd's office at Suite 7, 24th Floor, Wisma Cycle Carri, Jalan Raja Laut here between March 25 1998 and April 24 1998.
The deception caused the victim to hand over RM57,000 to Simon & Spencer
(M) Sdn Bhd, a company owned by the accused, as cost to process the
loan.
He is also alleged to have deceived Mohan that he could arrange a US$37
million loan for Gold Falcon Inc, which caused the victim to hand over
RM49,200 as processing fees at the same place between March 25 1998 and Aug 5
1998.
For these two offences, he was charged under Section 420 of the Penal Code
and can be jailed up to 10 years, whipped and fined, if convicted.
Jayantha is further alleged to have deceived Mohan that he could arrange a
US$40 million loan for Chase Perdana, which caused the victim to borrow
US$10 million from Bayerische Landesbank's branch in Labuan. This caused Mohan
to incur lossses of US$163,835.65 (RM555,730) because of interest on the loan
taken.
This offence was allegedly committeed by Fernando at the same place as the
first two offences between March 25 1998 and Sept 29 1998.
Judge Rozana Ali Yusof increased the bail amount from RM20,000 previously
to RM30,000 in one surety and set Nov 25 for the trial.
Deputy Public Prosecutor Fatnin Yusof appeared fro the prosecution while
laywer Salehuddin Saidin represented the accused.
-- BERNAMA
