Ex-investment bank CEO charged with cheating involving RM139.8mil | TheStarTV.com

Ex-investment bank CEO charged with cheating involving RM139.8mil

Published on 19 Aug 2026 3:35:31 PM

A former CEO of UBB Investment Bank Limited pleaded not guilty in the Kuala Lumpur Sessions Court on Wednesday (Aug 19) to cheating UBB Amanah Berhad CEO Aida Aizura Othman over a RM139.8 million payment.

Razlan Raghazli, 43, allegedly misrepresented a disbursement letter as following legal advice it actually contradicted, causing the payment to ELMU Higher Education Sdn Bhd.

Read more at https://tinyurl.com/4z5hr47a

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Keywords
news, thestartv, the star, razlan raghazli, ubb, elmu higher education, fraud, cheating

A former CEO of UBB Investment Bank Limited pleaded not guilty in the Kuala Lumpur Sessions Court on Wednesday (Aug 19) to cheating UBB Amanah Berhad CEO Aida Aizura Othman over a RM139.8 million payment.

Razlan Raghazli, 43, allegedly misrepresented a disbursement letter as following legal advice it actually contradicted, causing the payment to ELMU Higher Education Sdn Bhd.

Read more at https://tinyurl.com/4z5hr47a

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, thestartv, the star, razlan raghazli, ubb, elmu higher education, fraud, cheating

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