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Further to the Company’s announcement dated 22 January 2009, the Board of Directors of SCAN Associates Berhad wishes to announce that the Company had on Wednesday, 18 March 2009 lodged a police report with the Police Station at Jalan Tun Razak Kuala Lumpur.
The Police Report was lodged pursuant to the formal report by the forensic auditor appointed by the company, Abu Bakar Rajudin (Corporate Governance Services) Sdn. Bhd.
The formal report found that the former CEO, Dato’ Aminuddin Baki Esa was involved in manipulating revenue figures amounting to approximately RM6,800,000 (Ringgit Malaysia Six Million and Eight Hundred Thousand) in 2005 and 2007 to mislead and defraud the board and shareholders about the company’s underlying performance.
This announcement is dated 18 March 2009. |
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