CEO claims threatened, beaten by owner for company losses
Photo for illustrative purposes.
Brickfields District Police Officer Assistant Commissioner Amihizam Abdul Shukor said the suspect had taken the victims phone and accused him of stealing company funds.
"The victim was punched several times by the suspect who forced an online cash transfer on Sept 19 to Sept 21, last year," he said in a statement on Monday.
He said a witness confirmed the cause of the losses suffered by the company.
"The victim suffered monetary losses and lost a watch and several branded bags totaling to over RM1.7 million," Amihizam said.
Amihizam added the report was lodged by a 38-year-old man at 1.27pm on Jan 18.
"The victim worked with the suspect managing administrative affairs and decided to lodge a report after receiving advice from friends," he said.
He said the suspect was a local 46-year-old man with a past record under the Dangerous Drugs Act 1952.
"We found the suspect was under another case investigation reported on Jan 12 that fell under Section 342, 384, 506, 323 of the Penal code," he said.
Amihizam said the suspect was caught and remanded for both cases and was released on police bail on Jan 19.
"The investigation for the case and reports involving the suspect will be referred to the Kuala Lumpur Deputy Public Prosecutor," he said.
