Tuesday, August 25, 2009


(Bernama) - Former commercial crime director Datuk Ramli Yusuff has lodged a police report and complaint with the Securities Commission that someone might have illegally used his dormant central depository system (CDS) account to trade shares.

Ramli, 58, in his police report lodged on Aug 17 and complaint on Aug 6, stated that he opened a trading account with Kuala Lumpur Securities Sdn Bhd (now known as Alliance Investment Bank Berhad) in 1999.

However, he said he had never traded shares via the account and it remained inactive until July 14 this year, when a remisier testified in the Sessions Court that he (Ramli) owned 154,000 Permaju Industries Berhad shares and used the account to carry out the trading.

Ramli said he was “shocked” with Tan Jo Yei of Kuala Lumpur City Securities Sdn Bhd’s testimony and decided to make the police report since he suspected someone might have used his dormant account to carry out trading without his knowledge.

In the police report, Ramli said he had checked his personal records and found that he had never given any instruction or made any payment for any dealing in the share trading of Permaju Industries Bhd.

Tan, during his testimony on July 14, did not rule out that someone might have used Ramli’s account.

Tan also agreed with counsel Datuk Muhammad Shafee Abdullah that he might have taken instructions from a person who had impersonated Ramli in the sales and purchase of Permaju Industries Berhad shares which were allegedly owned by the suspended senior police officer.

Ramli is charged with failing to declare ownership of 20,000 Telekom Malaysia Berhad shares, 154,000 Permaju Industries Berhad shares and interests in two office properties worth RM1,032,840.

He is alleged to have committed the offences at the office of the Malaysian Anti-Corruption Commission’s (then ACA) deputy public prosecutor in Putrajaya on Sept 17, 2007.