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TAN Sri Abu Sahid Mohamed, director of Maju Holdings Sdn Bhd, has been charged in the Sessions Court with criminal breach of trust involving over RM145 million linked to the proposed MEX II highway project between Putrajaya and Kuala Lumpur International Airport (KLIA).
The 74-year-old businessman, who arrived in court in a wheelchair, pleaded not guilty before Judge Datuk Mohd Nasir Nordin after the charge was read out on Wednesday.
According to the charge, Abu Sahid is accused of misappropriating RM145,550,000 that had been placed in an escrow account under Maybank Islamic Berhad belonging to Golden Base Construction Sdn Bhd. The funds, originally held in a CIMB Bank account under Maju Holdings, were allegedly misused between 12 January and 13 June 2018 at a bank in Taman Serdang Perdana, Section 2, Petaling, Selangor.
As company director, he was entrusted with control over the company’s assets and is alleged to have committed the offence in that capacity.
The offence falls under Section 409 of the Penal Code, which carries a maximum sentence of 20 years’ imprisonment, whipping, and a fine upon conviction.
The prosecution was led by Deputy Public Prosecutor Datuk Ahmad Akram Gharib from the Malaysian Anti-Corruption Commission (MACC), while Abu Sahid was represented by senior lawyer Datuk Hisyam Teh Poh Teik.
This is not the first legal action brought against Abu Sahid in relation to the same infrastructure project.
On 8 September, he was charged in the Kuala Lumpur Sessions Court with four counts of criminal breach of trust involving RM313 million and 13 counts of money laundering amounting to RM139.2 million.
The case relates to the now-shelved MEX II highway project, a proposed extension to connect Putrajaya to KLIA, which has drawn significant scrutiny over its financial management. - September 24, 2025
